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Question 29 (5 points) Which of the following types of loans would most likely have the lowest interest rate? Mortgage O Debenture Line of Credit

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Question 29 (5 points) Which of the following types of loans would most likely have the lowest interest rate? Mortgage O Debenture Line of Credit O Credit Derivative Question 30 (5 points) Suppose you own a perpetual bond with a face value of $1,000 and a coupon rate of 3% paying annually. You need some emergency cash and have to sell the bond in the open market. Market interest rates have fallen to 2%. For what price can you sell your bond? Credit Derivative Question 30 (5 points) Suppose you own a perpetual bond with a face value of $1,000 and a coupon rate of 3% paying annually. You need some emergency cash and have to sell the bond in the open market. Market interest rates have fallen to 2%. For what price can you sell your bond? O $600 $1,000 $1,333 $1,500 Question 31 (5 points) Where does a bank get the money it loans to a customer

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