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Borrowing money to invest is a very useful strategy for high-income earners in setting up their own tax shelters. a) true b) false Conventional sources

Borrowing money to invest is a very useful strategy for high-income earners in setting up their own tax shelters.

a) true

b) false

Conventional sources such as banks and finance companies use debt service ratios when evaluating loan applications.

a) true

b) false

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