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When comparing different loan alternatives a borrower should consider which of the following parameters? Select all answers that are correct: the current value of the

When comparing different loan alternatives a borrower should consider which of the following parameters?

Select all answers that are correct:

the current value of the US CPI

the weather patterns of the area

the borrower's expected holding period

the effective borrowing cost of each alternative

the borrower's ability to pay principal and interest

each loan's prepayment features

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