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Which of the following statements is true? (A) Payment caps can lead to negative amortization of floating rate loans. (B) In order to be viable,

Which of the following statements is true?

(A) Payment caps can lead to negative amortization of floating rate loans.

(B) In order to be viable, floating rate mortgages usually have higher interest rates than fixed rate mortgages.

(C) Interest rate caps are problematic for mortgage borrowers.

(D) Most floating rate mortgages do not have any caps or floors built into them.

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