Question: The more valuable the collateral backing a loan, a . the lower the administration costs of the loan b . the greater the chances of

The more valuable the collateral backing a loan,
a. the lower the administration costs of the loan
b. the greater the chances of default by a borrower
c. the lower the interest rate charged on the loan
d. the shorter the duration of the loan
The more valuable the collateral backing a loan,

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