Social Studies, 18.02.2020 17:58 montana53
Patricia Newton is going to buy a new car, and she needs to apply for a loan to cover the purchase. She knows she can get a loan for up to 6 years, but she would prefer a shorter-term loan. She selects a 4-year loan. Patricia reducing her lender's risk by: A. Sharing the interest rate risk. B. Pledging collateral. C. Paying a larger cash deposit. D.Repaying the loan faster. E. Sharing inflation risk with her lender
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Patricia Newton is going to buy a new car, and she needs to apply for a loan to cover the purchase....
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