Question: 2 Multiple Choice 1 point Consider a 3 0 - year, 7 percent, fixed rate, fully amortizing mortgage with a yield maintenance provision. Relative to
Multiple Choice point
Consider a year, percent, fixed rate, fully amortizing mortgage with a yield maintenance provision. Relative to this mortgage, a year balloon mor the same interest rate and yield maintenance provisions will primarlly reduce the lender's:
Interest rate risk
Default rick
Reinvestment risk
Prepwyment risk
Multiple Chaice point
An interestonly balloon morteage loan is commonly referred to as an:
Miniperm loan
Mezzarineloan
Land acquisition loan
Bullet loan
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