The effective cost to the borrower of an unsecured bank loan is increased if a compensating balance is required.

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The effective cost to the borrower of an unsecured bank loan is increased if a compensating balance is required.

Darshita Changed status to publish August 12, 2020
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Answer: True

The effective cost to the borrower of an unsecured bank loan is increased if a compensating balance is required is true

Darshita Changed status to publish August 12, 2020

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