Q1. You work for a UK building society (ie. mortgage bank) which is considering to launch a 10 year fixed mortgage based on the potential demand for such a product and similar products which are available from some of your competitors. but in the future it is expected that rates are going to rise (possible due to inflationary pressure). The Board of Directors knows that you have just completed a module in Derivatives and Risk Management and they want you to present to them the case of offering such a product with the potential risks to your institution highlighted and how you could deal with them. How would you launch a 10 year fixed rate mortgage product?