Bob Lawton has $12,000 of equity in his home and takes out a $9,000 home equity loan. After signing the loan agreement and obtaining the money, he realizes that

A) he just found a new tax deduction because of his income level.

B) he has put his home at risk.

C) he probably got a good deal.

D) he beat the interest rate on a credit card advance.

E) all of the above