Which of the following statements about overdraft facilities is INCORRECT?

Select one: a. None of the given choices. b. The interest charged is often negotiated between banks and borrowers. c. The interest rate charged is directly related to the credit risk of the borrower. d. Banks charge a lower margin for a large company that has an established credit history. e. The margin charged reflects the lender's perception about the borrower's future interest repayment ability.