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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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