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Explain the four styles of dialogue discussed in this chapter. Begin by offering an overall definition of dialogue, outlining the four approaches, and providing an example of each approach. Conclude your essay by clarifying the relationships between each of the four styles.
Pure Discount Loan
A loan where the borrower receives a single lump sum amount upfront and repays the lender a higher amount at the loan's maturity.
Lump Sum
A single payment of money, as opposed to a series of payments made over time.
Borrower Receives
The amount of capital a borrower obtains from a lender under the terms of a loan.
Return Requirement
The expected rate of return that an investment needs to generate to be considered worthwhile.
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