Multiple Choice
A Macedonian homeowner deciding for a Euro-denominated, lower rate mortgage is
A) effectively initiating long term covered interest arbitrage.
B) should start seeking US dollar salary to mitigate the risk of falling behind the payment schedule.
C) creating debt service FX exposure for the whole life of the loan.
D) remaining "uncovered" unless she has sub-lease contract denominated in Macedonian Denar.
Correct Answer:
Verified
Correct Answer:
Verified
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