Examlex
If real estate prices are expected to drop,all else equal,the demand for bonds ________ and the interest rate ________.
Default
A failure to fulfill an obligation, especially failure to meet a financial obligation like a loan repayment.
Mortgage Company
A financial institution that provides loans specifically for buying real estate properties.
Probability
A measure quantifying the likelihood that an event will occur, ranging between 0 and 1.
Probability Distribution
A statistical function describing the likelihood of different outcomes in a random experiment.
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