Question
(TCO 1) Vicky Pryce wants to purchase a new home, but she is not sure if she should apply for a loan with a fixed
(TCO 1) Vicky Pryce wants to purchase a new home, but she is not sure if she should apply for a loan with a fixed or variable rate. While the variable rate is lower, she is concerned that this will change in the future. What type of risk is Vicky worried about?
| Inflation risk |
| Interest rate risk |
| Income risk |
| Personal risk |
| Liquidity risk |
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Chains Of Finance How Investment Management Is Shaped
Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova
1st Edition
0198802943, 978-0198802945
