The compensation paid by the borrower of fund to lender, from the borrower point of the cost of borrowing fund is called?

(A) Interest Rate ()
(B) Required rate of return (X)
(C) Nominal interest rate (X)
(D) All of the above (X)

Answers: The compensation paid by the borrower of fund to lender, from the borrower point of the cost of borrowing fund is called Interest Rate.