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2. please explain why this is the answer X Initial Investment. You are purchasing a building for $10,000,000 with a 70% LTV loan that has

2. please explain why this is the answer

X Initial Investment. You are purchasing a building for $10,000,000 with a 70% LTV loan that has 3 points. Your initial investment will be: Selected Answer: 3,900,000 Answers: 3,210,000 1,210,000 3,750,000 3,900,000 30,015 41,875

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