One of the Reasons Why There Is Conflicting Evidence About

One of the reasons why there is conflicting evidence about the benefits from close bank-relationships is that ...

A) Close bank ties only exist in countries with weak disclosure and financial data of low quality.
B) Banks only lend to young and risky firms that justify higher interest rates.
C) Banks tend to smooth out the interest rates they charge to firms over time.
D) None of the above.