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Basic Question 19 of 23
If inflation is expected to rise, companies would prefer to borrow at a ______ rate, and investors would prefer to lend at a ______ rate. A. variable, fixed
B. variable, variable
C. fixed, variable
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain liquidity and compare issuers' liquidity levels
CFA® 2025 Level I Curriculum, Volume 2, Module 4.