Question 1: A.1. Mortgage rate term structure refers to

Select one:

1. the relationship between the real rate, the expected inflation, and the risk premium on debt of a given term
2. the relationship between the risk-free rate, the mortgage rate and the cap rate
3. the interest rate on mortgage rates or government bonds of varying terms at a point in time
4. the interest rate on mortgages of varying amortization periods at a point in time

Question 2: A.2. A possessory estate refers to

Select one:

1. a leasehold interest
2. a freehold interest
3. an easement
4. a land lease
5. a. and d.
6. a. and c.