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b) You have an existing housing loan with an outstanding amount of $500,000. You would like to refinance this loan for a term of 20

b) You have an existing housing loan with an outstanding amount of $500,000. You would like to refinance this loan for a term of 20 years. Make a study of the offers from DBS and OCBC (consider both fixed and floating rates). Show clearly how you would compare the offers and decide on the best package.

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