Question: 1.Define the terms lender and borrower? 2.Explain the terms lessor and lessee? 3.Define and explain the terms mortgagee and mortgagor? 4.What are the key features

1.Define the terms lender and borrower?

2.Explain the terms lessor and lessee?

3.Define and explain the terms mortgagee and mortgagor?

4.What are the key features of interest rates?

5. DescribeFixed exchange rate?

6. DescribeFloating exchange rate?

(use australian bank refences or anz bank if needed for all questions please)

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