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12-21A Study Conducted by George Von Furstenberg Found That Shorter

Question 21

Multiple Choice

12-21.A study conducted by George Von Furstenberg found that shorter maturity loans (20-year versus 30-year) and loans on new houses were:

A) very likely to default
B) much less likely to default
C) likely to default within 20 years
D) likely to default within 10 years

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