Question
Given a mortgage for 150,000$ maturing in 10 years and which is paid quarterly with annual interest of 5% what is the PV of the
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Given a mortgage for 150,000$ maturing in 10 years and which is paid quarterly with annual interest of 5% what is the PV of the 11 -th payment of this mortgage ( I mean the total payment!)
4788.21
4281.43
4176.65
NONE OF THE ABOVE
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Value And Capital Management A Handbook For The Finance And Risk Functions Of Financial Institutions
Authors: Thomas C. Wilson
1st Edition
1118774639, 978-1118774632
