a Kelsie is a recent university graduate with stable job. However, she has no meaningful...
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Finance
a Kelsie is a recent university graduate with stable job. However, she has no meaningful assets or substantial savings. Kelsie currently resides a 1-hour bus ride away from her workplace and normally works overtime to complete her designated tasks. She has decided for a quicker and easier commute, to approach your institution for a car loan to purchase motor vehicle; assuming the loan is approved a a)Explain the factors to consider in pricing the loan for Kelsie. (4marks) b)Explain the factors to consider in structuring the loan for Kelsie.(4 marks) c)Explain the relationship between the loan structure and price. (2 marks) Total: 10 marks
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