An increment above the prime rate on a floating-rate loan will be higher than on a fixed-rate loan of equivalent risk because the lender bears higher risk with a floating-rate loan
Indicate whether the statement is true or false
FALSE
Business
You might also like to view...
According to Perrow an organization that performs routine tasks will have a ________
A) flat hierarchy of authority B) decentralized decision-making authority C) mechanistic structure D) low degree of standardization
Business
What are the five dimensions of culture identified by Geert Hofstede? How can an awareness of these dimensions benefit a firm in stage 5 of internationalization?
What will be an ideal response?
Business