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    Financial System and the Economy Principles
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    Exam 11: Financial Instability and Strains on the Financial System
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    When Interest Rates Rise, the Value of Long-Term Fixed-Rate Mortgages
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When Interest Rates Rise, the Value of Long-Term Fixed-Rate Mortgages

Question 28

Question 28

Multiple Choice

When interest rates rise, the value of long-term fixed-rate mortgages


A) remains the same.
B) rises.
C) falls.
D) rises at diminishing rates.

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