Typical SBA guaranty loans carry an interest rate equal to ________.
A) the prime rate
B) current market rates
C) the prime rate plus a 1.00% default risk premium
D) the prime rate less 1.00% due to the SBA guarantee
Correct Answer:
Verified
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Q22: You have agreed to a $40,000 fixed-rate
Q23: Your bank grants you a lump sum
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