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A borrower has a 31-year mortgage loan for $200,000 with an interest rate of 3% and monthly payments. If she wants to pay off the
A borrower has a 31-year mortgage loan for $200,000 with an interest rate of 3% and monthly payments. If she wants to pay off the loan after 9 years, what would be the outstanding balance on the loan?
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Listed Volatility And Variance Derivatives
Authors: Yves Hilpisch
1st Edition
1119167914, 978-1119167914
