VloneThugginn2316 VloneThugginn2316 26-12-2023 Business contestada A one-year ARM has a 6.00% start rate and is locked for three years. Its adjustment caps are set at 2/1/5. In what year could this loan reach its rate ceiling? A) 4th year B) 11th year C) 7th year D) 6th year