Question: if forquestion part c we use values from BMOfor2 or three year morgatge = 5.69%5 year fixed mortgage = 5.54%variable mortgage rate = 6.5% 2.
if forquestion part c we use values from BMOfor2 or three year morgatge = 5.69%5 year fixed mortgage = 5.54%variable mortgage rate = 6.5% 2. (24 points) The Risk and Term Structure of Interest Rates - Mortgages (a) (3 pts) What are prime rates of commercial banks? (Hint: Please Google the term if you do not know it already.) (b) (3 pts) 2 answers
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