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Which of the following is correct? Select one: It is easier to change the terms of a bond vs a bank loan, should the borrower fall on hard times A bank loan often has a higher interest rate than a bond Bank loans usually involve more administration and issuance costs than bonds With a bank loan the borrower is facing many counterparties
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Which of the following is correct? Select one: It is easier to change the terms of a bond vs a bank...
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