Esi Loans Uses The Following Rating Scheme To Classify The Riskiness Of Its Cust

ESI Loans uses the following rating scheme to classify the riskiness of its customers.

Risk ClassRisk Premium (%)Prime .05 High grade 1.0 Upper medium grade 1.5 Lower medium grade 2.0 Speculative: Non-investment grade 4.0 Speculative: Highly 6.0 Substantial risks 9.0 Extremely speculative 12.0