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16. W: You have been hired as a bank loan consultant by MAMl-BANK and they want your input in setting loan rates for new Ten

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16. W: You have been hired as a bank loan consultant by MAMl-BANK and they want your input in setting loan rates for new Ten year mortgages. Based on what you have learnt in this course, and using an assumed numerical example, Explain, step-by-step how you would set up the new mortgage rate? [Book and Class Notes]

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