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  3. Study Set
    Principles of Managerial Finance
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    Exam 2: The Financial Market Environment
  5. Question
    When Home Prices Are Falling, We Would Expect A(n) ________
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When Home Prices Are Falling, We Would Expect A(n) ________

Question 20

Question 20

Multiple Choice

When home prices are falling, we would expect a(n) ________.


A) high mortgage default rates
B) low mortgage default rates
C) unchanged mortgage default rates
D) higher percentage of owner home equity

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