If rates in the market fall between now and one month from


If rates in the market fall between now and one month from now, the mortgage banker:

A) gains as the mortgages are sold at a premium.

B) neither gains nor loses.

C) loses as the mortgages are sold at a discount

D) gains as the mortgages are sold at a discount

E) loses as the mortgages are sold at a premium

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Financial Management: If rates in the market fall between now and one month from
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