Question: 16.The probability that a borrower will default (credit risk) is influenced by all of the following, except; A. economic conditions. B. the level of equity
16.The probability that a borrower will default (credit risk) is influenced by all of the following, except;
A. economic conditions.
B. the level of equity invested by the borrower.
C. the borrower's income level.
D. the borrower's credit history.
E. Credit risk is affected by all of the above.
F. Only 'A'&'B'
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