Suppose Norway Decides to Sell Its Large Holdings of Canada

Multiple Choice

Suppose Norway decides to sell its large holdings of Canada bonds.If you are thinking of financing your new car, how would Norway's action affect your decision to refinance?

A) You would want to finance as soon as possible as interest rates should rise.
B) You would want to wait to finance as interest rates should rise.
C) You would want to wait to finance as interest rates should fall.
D) You would want to wait to finance as it will likely be easier to qualify for a loan.
E) Norway's actions should not affect your decision to refinance in any way.