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  3. Study Set
    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
  5. Question
    Commercial Finance Companies Usually Charge a Higher Interest on Secured
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Commercial Finance Companies Usually Charge a Higher Interest on Secured

Question 158

Question 158

True/False

Commercial finance companies usually charge a higher interest on secured short-term loans than commercial banks because the finance companies generally end up with higher-risk borrowers.

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