Final answer:
Changes in market interest rates are not a concern in valuing accounts receivable because they are short-term financial instruments unaffected by such changes. Buyers in secondary loan markets consider factors like the borrower's payment history, current interest rates, and the borrower's profitability.
Step-by-step explanation:
The one problem not associated with valuing accounts receivable is changes in the market interest rates. Issues such as the difficulty in determining the collectability of accounts, changes in the creditworthiness of customers, and changes in the company's financial position are all legitimate concerns when valuing accounts receivable. However, changes in market interest rates are not a direct factor because accounts receivable are short-term assets and do not carry interest rate risks like long-term bonds or loans might.
When buying loans in the secondary market, a buyer will pay more for a loan if the borrower has a strong payment history and is financially stable, as indicated by a high level of profits. Conversely, if the borrower has been late on payments or if market interest rates have risen, thus making the fixed interest rate on the loan less attractive, a buyer will pay less. Should market interest rates have fallen, existing loans with higher rates become more valuable and thus command a higher price.