1. Francine the Financial Adviser has just given you the following advice: “Long-term bonds are a… 1 answer below »

1. Francine the Financial Adviser has just given you the following advice: “Long-term bonds are a great investment because their interest rate is over 20%.” Is Francine necessarily right?2 . If mortgage rates rise from 5% to 10% but the expected rate of increase in housing prices rises from 2% to 9%, are people more or less likely to buy houses?

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