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    Principles of Corporate Finance Study Set 4
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    Exam 15: Management of Current Liabilities
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    The Commercial Finance Companies Usually Charge a Higher Interest on Secured
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The Commercial Finance Companies Usually Charge a Higher Interest on Secured

Question 30

Question 30

True/False

The commercial finance companies usually charge a higher interest on secured short-term loansthan commercial banks because the finance companies generally end up with higher-riskborrowers.

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