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41.Which of the following is true about the compounding of mortgage rates in Canada? a. All mortgages compound twice a year. b. All residential mortgages
41.Which of the following is true about the compounding of mortgage rates in Canada?
a. All mortgages compound twice a year.
b. All residential mortgages compound twice a year.
c. All fixed-rate residential mortgages compound twice a year.
d. All residential mortgages compound at a rate that reflects the payment schedule
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