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Borrow to Purchase an Appreciating Asset The benchmark interest rate in the UK was last recorded at 0.5% as reported by the Bank of England. From 1971 to 2012, the UK interest rate averaged 8.25%. (according to www.tradingeconomics.com). In the US, the interest rates are also scraping bottom. With interest rates lower than they’ve been…
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(Greenwood, an imprint of ABC-CLIO, 2014)
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