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Assume a mortgage loan requires a payment of $ 1 , 2 0 0 per month and a principal payment of $ 3 0 ,
Assume a mortgage loan requires a payment of $ per month and a principal payment of $ at the end of a year life.
At what amount could this loan be sold to mortgage lender if loans of similar quality carried a interest rate?
A$
B$
C$
D$
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