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Which of the following is most likely to be correct? a. subprime loans are a major liability category on the balance sheet for many banks
Which of the following is most likely to be correct?
a. | subprime loans are a major liability category on the balance sheet for many banks | |
b. | loans granted to borrowers with very high FICO scores (750-850) are likely to be subprime loans | |
c. | loans granted to borrowers with very low FICO scores (350 to 550) are likely to be subprime loans | |
d. | subprime loans have lower interest rates than other loans | |
e. | subprime loans are the safest loans that a bank issues |
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