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Assume we have a $10 million 30-year mortgage with annual payments at a rate of 4%. Fill in the blanks in the table below under

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Assume we have a $10 million 30-year mortgage with annual payments at a rate of 4%. Fill in the blanks in the table below under the following assumptions: FRM FRM with a balloon payment of $8 million IO mortgage GEM mortgage with a 5% graduation rate Suppose we are assuming a $3 million 30-year mortgage with 14 years remaining. the original mortgage rate was 4%. If we could now obtain a 14-vear mortgage for 6%, what is the value of assuming this mortgage assuming monthly and annual payments

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