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8) You are able to purchase a mortgage note for $125,000 that gives you the right to receive $45,200 in each of the next 3

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8) You are able to purchase a mortgage note for $125,000 that gives you the right to receive $45,200 in each of the next 3 years. What is the yield on this investment? 4.18% a. b. 11.05% C. 12.51% d. 10.83% 9) A friend wants to borrow $5,000 to invest in the stock market and agrees to return $12,500 at the end of the fourth year from today. What is the yield to you? 25.74 % a. b. 6.35% c. 21.99 % d. 8.77% 10) You bought an apartment building with $65,000 cash and a mortgage loan of $210,000. The loan was made at an interest rate of 4.75% and requires monthly payments for 25 years. What are the monthly payments? $1,510.69 a

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