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Consider a 5% fixed-rate, 5-year, interest-only, non-prepayable loan of $100M. If the market interest rate remains at 5% after origination, the market value of the

Consider a 5% fixed-rate, 5-year, interest-only, non-prepayable loan of $100M. If the market interest rate remains at 5% after origination, the market value of the loan after 3 years is:

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