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A bank has purchased a $1 million cap of 10 percent at a premium of 0.275 percent of face value. What happens if interest rate
A bank has purchased a $1 million cap of 10 percent at a premium of 0.275 percent of face value.
What happens if interest rate are 10.5%?
IF A LOSS USE THE MINUS SIGN EX -10 DON'T USE COMMA SEPARATORS
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