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Consider a 20-year (monthly-payment), 8%, $80,000 mortgage with 2 points prepaid interest up front. What is the yield to maturity? Question options: 8.00% 8.12% 8.20%
Consider a 20-year (monthly-payment), 8%, $80,000 mortgage with 2 points prepaid interest up front. What is the yield to maturity?
Question options:
| 8.00% | |
| 8.12% | |
| 8.20% | |
| 8.27% |
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