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From the standpoint of the borrower, is long-term or short-term credit riskier?

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1. From the standpoint of the borrower, is long-term or short-term credit riskier? Explain. Would it ever make sense to borrow on a short-term basis if short-term rates were above long-term rates? 2. If long-term a-edit exposes a borrower to less risk why would people or firms ever borrow on a short-term basis?   PLACE […]

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