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30 You just get from Chase a $200,000 fixed-rate mortgage of 30-year term and 4% mortgage rate. If the market rate immediately goes to 5%,

You just get from Chase a $200,000 fixed-rate mortgage of 30-year term and 4% mortgage rate. If the market rate immediately goes to 5%, how much does Chase lose?

Select one:

a. $22,132.61

b. $21,045.09

c. $20,132.61

d. $32,321.61

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