Multiple Choice
Which of the following statements is true?
A) A major corporation would tend to pay a higher interest rate for a $10,000 loan than a single parent working for a fast food restaurant.
B) The more risky the loan, the higher the interest rate charged, ceteris paribus.
C) The less risky the loan, the higher the interest rate charged, ceteris paribus.
D) The duration (length) of a loan is unrelated to the interest rate charged for the loan.
E) c and d
Correct Answer:

Verified
Correct Answer:
Verified
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