In the chapter, we gave several examples of so-called payday loans. As you saw, the interest rates

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In the chapter, we gave several examples of so-called payday loans. As you saw, the interest rates on these loans can be extremely high and are even called predatory by some. Do you think such high interest loans are ethical? Why or why not?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:18 AM

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In the chapter, we gave several examples of so-called payday loans. As you saw, the interest rates

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The ethical issues surrounding payday loans are more complex than they might first appear On the ...View the full answer

Fundamentals of corporate finance

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