In a period of rising interest rates a fixed rate mortgage


1. In a period of rising interest rates, a fixed rate mortgage

a) Decreases in value

b) Increases in value

c) Is unchanged in value

d) Is likely to be prepaid

2. In a period of falling interest rates, a fixed rate mortgage

a) Decreases in value

b) Is likely to be prepaid

c) Is unchanged in value

d) None of the above

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Financial Management: In a period of rising interest rates a fixed rate mortgage
Reference No:- TGS01724917

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