Question: Suppose an analysis used the following expression as the indicator for how current a loan is as of the reporting date. This approach: loanCurrency: (paymentsMade]/[numberPayments)

Suppose an analysis used the following expression as the indicator for how current a loan is as of the reporting date. This approach: loanCurrency: (paymentsMade]/[numberPayments) is correct for all loans regardless of the loans' maturity dates fails to adjust for matured loans but is correct for loans still running is correct for matured loans but fails to adjust for loans still running fails to adjust for (1) matured loans and (2) loans still running

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