Question
Gemini Real Estate is offered a $2 million line of credit for four months at an APR of 9%. This loan has a loan origination
Gemini Real Estate is offered a $2 million line of credit for four months at an APR of 9%. This loan has a loan origination fee of 1.5%. What is the actual
fourminusmonth
interest rate paid, expressed as an EAR?
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Option Volatility And Pricing Advanced Trading Strategies And Techniques
Authors: Sheldon Natenberg
2nd Edition
0071818774, 978-0071818773
