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

822 views
0

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
0

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
You are viewing 1 out of 1 answers, click here to view all answers.

Contact us today

Ask for our academic services

Copyright SmartStudyHelp 2016. All Rights Reserved