Question: A loan officer is considering making a 3 0 - year fixed rate loan to Goldy so she can buy a new home. As part

A loan officer is considering making a 30-year fixed rate loan to
Goldy so she can buy a new home. As part of the analysis, the loan
officer estimates that inflation will average 3.0% over the life of the
loan. If inflation is actually 3.5% over that time period, the bank
benefits from the unanticipated inflation.
True or False
A loan officer is considering making a 30-year fixed rate loan

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