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A loan is secured in the amount of $500,000, 6% interest rate, 30-year amortization. The lender must receive a 6.5% IRR if the loan is

A loan is secured in the amount of $500,000, 6% interest rate, 30-year amortization. The lender must receive a 6.5% IRR if the loan is repaid prior to the 120th month. The borrower sells the property and repays the loan at the end of month 110. What is the amount of the prepayment penalty?

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