Which of the following statements is true?
A) The administrative costs per dollar are greater for a large loan than a small loan.
B) The risk on a long-term loan is likely to be less than on a short-term loan, ceteris paribus .
C) The administrative costs per dollar are greater for a small loan than a large loan.
D) The risk on a long-term loan is likely to be the same as the risk on a short-term loan, ceteris paribus.
Correct Answer:
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