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1. What is the monthly payment on a 30-year mortgage loan for $360,000 that charges 3% APR? 2. An 8-year 5% coupon bond currently trades

1. What is the monthly payment on a 30-year mortgage loan for $360,000 that charges 3% APR? 2. An 8-year 5% coupon bond currently trades at $950. What is its yield to maturity? 3. ?...

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