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5. Calculate the upfront fees that needs to be charged by the lender given a loan for $120,000 with terms 6.36%, 20 years (monthly compounding).

5. Calculate the upfront fees that needs to be charged by the lender given a loan for $120,000 with terms 6.36%, 20 years (monthly compounding). The lender wants to earn a 7% yield. Assume a holding period of 11 years

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