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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
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?
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
