Borrowers tend to prefer _________ to _________, whereas lenders prefer _________
A. fixed-rate loans; ARMs; fixed-rate loans.
B. ARMs; fixed-rate loans; fixed-rate loans.
C. fixed-rate loans; ARMs; ARMs.
D. ARMs; fixed-rate loans; ARMs.
Answer:C
Borrowers tend to prefer _________ to _________, whereas lenders prefer _________
A. fixed-rate loans; ARMs; fixed-rate loans.
 B. ARMs; fixed-rate loans; fixed-rate loans.
 C. fixed-rate loans; ARMs; ARMs.
 D. ARMs; fixed-rate loans; ARMs.
