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ACME Bank issued a $10 million mortgage at 6.10%, 30-year armortization and at a loan to value ration of 70%. If the cap rate of
ACME Bank issued a $10 million mortgage at 6.10%, 30-year armortization and at a loan to value ration of 70%. If the cap rate of the property is 7.5%, the loan yield to ACME is?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
