Question: How does an increase in interest rates affect the opportunity cost of holding money and the repayment to creditors? Opportunity cost of holding money Repayment

How does an increase in interest rates affect the opportunity cost of holding money and the repayment to creditors?

Opportunity cost of holding money Repayment to creditors
Increase Increase
Opportunity cost of holding money Repayment to creditors
Remain unaffected Increase
Opportunity cost of holding money Repayment to creditors
Decrease Remain unaffected
Opportunity cost of holding money Repayment to creditors
Increase Remain unaffected
Opportunity cost of holding money Repayment to creditors
Decrease Increase

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