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Assume a $300,000 5/1 ARM has an initial coupon of 2.20% with monthly payments based upon a fully amortizing, 30-year loan? What is the loan

Assume a $300,000 5/1 ARM has an initial coupon of 2.20% with monthly payments based upon a fully amortizing, 30-year loan? What is the loan balance after 60 payments?

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