1a.A fixed-rate mortgage originator is adversely affected by ________ interest rates while the borrower is adversely affected by ________ interest rates.

A. increasing; decreasing

B. increasing; increasing

C. decreasing; decreasing

D. decreasing; increasing

E. stable; decreasing

1b. Of the following, the most likely effect of a decrease in income tax rates would be to

A. decrease the savings rate.

B. decrease interest rates.

C. decreases the supply of loanable funds.

D. all of these choices are correct.

1c.What is the price of 182-day money market security with a face value of $8,000 if the BEY is 3.574%?

A. $6,877.44

B. $6,925.48

C. $6,634.47

D. $6,725.36

E. $7,859.93