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What is the borrower questioning in question 7940?

a) Interest rate
b) Principal amount
c) Notary/signing fee
d) Insurance cost

User Zangw
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1 Answer

5 votes

Final answer:

The borrower is questioning the interest rate for a bond in question 7940, considering whether the bond's cost would be more or less than $10,000 given changes in rates.

Step-by-step explanation:

The borrower in question 7940 is questioning the interest rate associated with the purchase of a bond, given a change in interest rates, and whether they would expect to pay more or less than $10,000 for that bond.

User Keuminotti
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