Lenders of secured short-term funds prefer collateral ________.
A) as it reduces the risk of default
B) that are illiquid assets
C) to reduce the losses if the borrower defaults
D) so that they can charge a higher interest rate

Question

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The Answer of Lenders of secured short-term funds prefer collateral ________.
A) as it reduces the risk of default
B) that are illiquid assets
C) to reduce the losses if the borrower defaults
D) so that they can charge a higher interest rate

Lenders of Secured Short-Term Funds Prefer Collateral ________