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The possibility that mortgages will prepay and force investors to seek alternative investments, usually with lower expected returns, is called _____; the percentage of the
The possibility that mortgages will prepay and force investors to seek alternative investments, usually with lower expected returns, is called _____; the percentage of the total loan paid back immediately when a mortgage loan is obtained, which lowers the annual interest rate on the debt, is called _____.
interest-rate risk; down payment
prepayment risk; discount points
prepayment risk; down payment
interest-rate risk; discount points
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