Borrowers tend to prefer ________ to ________, whereas lenders prefer ________
A) fixed-rate loans; ARMs; fixed-rate loans
B) ARMs; fixed-rate loans; fixed-rate loans
C) fixed-rate loans; ARMs; ARMs
D) ARMs; fixed-rate loans; ARMs
C
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Ott and Bane agreed to act as cosureties on an $80,000 loan that Cread Bank made to Dash. Ott and Bane are each liable for the entire $80,000 loan. Subsequently, Cread released Ott from liability without Bane's consent and without reserving its rights against Bane. If Dash subsequently defaults, Cread will be entitled to collect a maximum of
A. $0 from Bane. B. $0 from Dash. C. $40,000 from Bane. D. $40,000 from Dash
Suppose a marketer decides to segment a market based on social class, psychographic lifestyle, and readiness stage. For each type of segmentation, give at least three possible segmentation subcategories
What will be an ideal response?