Question

if interest rates increase,

1> the price of a ginnie mae falls

2> the price of a ginnie mae rises

3> the speed with which ginnie maes are

retired increases

4> the speed with which ginnie maes are

retired declines

a. 1 and 3

b. 1 and 4

c. 2 and 3

d. 2 and 4

Answer

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