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Both compensating balances and discounting interest increase the effective interest rate on a loan.

samualson

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Both compensating balances and discounting interest increase the effective interest rate on a loan.

Both compensating balances and discounting interest increase the effective interest rate on a loan.
[True or False]

Textbook

Foundations of Finance

Foundations of Finance

Edition: 9^th

Authors: Keown, Petty, Martin

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samualson Author

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