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Lynne and Glen have negotiated a 5-year mortgage rate of 3.1%. The current Bank of Canada 5 year rate is 5.25%. Which rate will be
Lynne and Glen have negotiated a 5-year mortgage rate of 3.1%. The current Bank of Canada 5 year rate is 5.25%. Which rate will be used to determine their Gross Debt Service Ratio under the stress test?
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
