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You have originated a fixed mortgage at 4%. Assuming a call provision is embedded in the indenture, if rates rose to 5.4%, what would you
You have originated a fixed mortgage at 4%. Assuming a call provision is embedded in the indenture, if rates rose to 5.4%, what would you likely do? If rates fell to 2.4%, what action would you be inclined to do? In both cases, what would a decrease in inflation change about your actions?
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