ahrensy4929 ahrensy4929

19-03-2020
Business

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The presence of transactions costs and information costs A. lowers the cost of funds to borrowers. B. increases the efficiency of the financial system. C. lowers the expected return to lenders. D. raises the expected return to lenders.

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kllovessoccer780 kllovessoccer780

19-03-2020

Answer:C

Explanation:

it lowers the expected return to lenders

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