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QUESTION

The following four borrowers are categorized according to their level of wealth and the quality of their proposed investment project.

The following four borrowers are categorized according to their level of wealth and the quality of their proposed investment project. Which of the borrowers will receive a loan from the bank for their project and why?

a. Low wealth, low quality project.

b. Low wealth, high quality project.

c. High wealth, low quality project.

d. High wealth, high quality project.

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