Choose oNE (1) of the following options. ( 5 marks) Option 1: "If the Fisher effect exists, then the result of an increase in inflationary expectations is that the real interest rate will also increase by the same magnitude." Is the statement correct? Explain. Option 2: "On average, the value of a capital growth fund is subject to less fluctuation than that of a balanced growth fund." Is this statement correct? Explain. Option 3: "A bank has given a firm a loan, whereby the bank will have to bear refinancing risk." Is this statement correct? Explain. Option 4: "When a credit rating agency issues a credit rating of a government, the agency takes into consideration of the yields of the debt securities of the government." Is this statement correct? Explain