Question: Select the correct statement. Borrowers a . Default when they can't make repayments. b . Bear default risk. c . Are afraid of default risk.

Select the correct statement. Borrowers
a.
Default when they can't make repayments.
b.
Bear default risk.
c.
Are afraid of default risk.
d.
Give money at the start.
e.
Demand higher interest rates when they bear higher credit risk.

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