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Calculating yield for mortgage/deed of trust (Business/finance/real estate) A investor purchased a trust deed and note at a 20% discount. This was a one year

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Calculating yield for mortgage/deed of trust (Business/finance/real estate)

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A investor purchased a trust deed and note at a 20% discount. This was a one year fully amortized note with a face amount of $1,500.00 with payments of $131.00 per month including 9% interest. If she holds the note for the full year, the yield on her briginal investment would be: A. 29% B. 31% 24% D. 36%

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