e difference between the top and the tom is 10 percent) what is the maximum ssible change in the interest rate on 10- ar loans, assuming no change in the eign interest rate? (Enter your response nded to one decimal place.) The ximum possible change in the 10-year n rate is enter your response here

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Part 2 If a band is plus or minus 5 percent
(the difference between the top and the
bottom is 10 percent) what is the maximum
possible change in the interest rate on 10-
year loans, assuming no change in the
foreign interest rate? (Enter your response
rounded to one decimal place.) The
maximum possible change in the 10-year
loan rate is enter your response here
percent.
Transcribed Image Text:Part 2 If a band is plus or minus 5 percent (the difference between the top and the bottom is 10 percent) what is the maximum possible change in the interest rate on 10- year loans, assuming no change in the foreign interest rate? (Enter your response rounded to one decimal place.) The maximum possible change in the 10-year loan rate is enter your response here percent.
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