Question: 10. Which statement is true and which one is false. Explain in 2 lines max a. Interest rate on a 20-year mortgage is higher than

 10. Which statement is true and which one is false. Explain

10. Which statement is true and which one is false. Explain in 2 lines max a. Interest rate on a 20-year mortgage is higher than the interest rate on a 30-year mortgage b. Interest rate on credit card debt is higher than the interest rate on a mortgage. c. Interest rate on a AAA corporate bond is lower than interest rate on a BB corporate bond with the same maturity. d. Interest rate on a AAA corporate bond with 1 year until maturity is necessarily higher than interest rate on a 10-year treasury bond

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