University of MelbourneFNCEFNCE 30002Which of the following statements is true?

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24. Which of the following statements is true? A. Borrower-specific factors are factors that affect all borrowers operating in the same industry. B. Market-specific factors are factors that are idio... syncratic factors arising from the market that affect s single or a small number of borrowers. C. Market-specific factors carry a higher weight compared to borrower-specific factors when deciding on whether to accept or to reject a loan application. D.None of the listed options are corre [Show More]

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