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Barro (1976) “The loan Business, Security, and you may Interest rates,” Log of cash, Credit and you may Financial, vol 15. See Robert J. 8 (in the (1978), “The employment of Collateral so you can Enforce Obligations Contracts,” Financial Inquiry, vol. sixteen (July), pp. 333-59. Come back to text 16. Nonrecourse personal debt associated with…