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9. A company has been making monthly payments on a 10 year loan that was originally for $800,000. Its borrowing rate was 8.6% a year.

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9. A company has been making monthly payments on a 10 year loan that was originally for $800,000. Its borrowing rate was 8.6% a year. How much does it still owe on the loan after 67 payments? 10. Which is more risky? A ten year Treasury bond or a 3 month Treasury note? Explain

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