Question
The impact of a modest downward shift in interest rates for an inverse floater is likely to be: a/ A large increase in value b/
The impact of a modest downward shift in interest rates for an inverse floater is likely to be:
a/ A large increase in value
b/ A small increase in value
c/ Negligible difference
d/ A large decrease in value
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
