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What would you do if the interest rate rises

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Reference no: EM132312110

You ask the bank to lend you funds to allow you to put your plan into action. Your calculations show that an interest rate of 5% would allow you to make a profit and at 7.5% you would break even. What would you do if the interest rate rises to 10%? What impact would this have and how would you work around it?

Reference no: EM132312110

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