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Consider a 30-year (monthly-payment), 6%, $300,000 mortgage with 3 points prepaid interest up front. What is the yield to maturity? Question options: 5.87% 6.00% 6.29%

Consider a 30-year (monthly-payment), 6%, $300,000 mortgage with 3 points prepaid interest up front. What is the yield to maturity?

Question options:

5.87%

6.00%

6.29%

6.50%

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