Respuesta :
Answer:
The long-term rate is not always higher, just usually. The reason is borrowers will usually pay more to secure long-term funding, while lenders prefer to be able to get their money back earlier.
Explanation:
Answer:
The long-term rate is not always higher, just usually. The reason is borrowers will usually pay more to secure long-term funding, while lenders prefer to be able to get their money back earlier.
Explanation:
