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Dave buys a home for $500.000. He receives a mortgage loan of 5400.000. The market value of the property as determined by an appraiser is

Dave buys a home for $500.000. He receives a mortgage loan of 5400.000. The market value of the property as determined by an appraiser is 5480.000. What is the loan to value ratio 1.80% 2.96 3.63 4.125%

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