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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 re…

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 re…
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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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User Udpsunil
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1 Answer

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Answer:C

Step-by-step explanation:

it lowers the expected return to lenders

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User Ebru Gulec
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