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Reptor Reptor
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5 years ago
Credit risk is the risk that
A) an insufficient number of borrowers will apply for loans or credit.
B) interest rates will rise after a loan has been granted.
C) interest rates will fall after a loan has been granted.
D) borrowers might default on their loans.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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5 years ago
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Reptor Author
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5 years ago
Thanks for your help!!
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Just got PERFECT on my quiz
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Helped a lot
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