Given the following information about a fully amortized loan, calculate the lenders yield (rounded to the nearest tenth of a percent) if the loan were to be paid off in 4 years.

Loan amount: $568,000

Term: 30 years

Interest rate: 8.23 %

Monthly Payment: $4,259

Discount points: 1.5

3^rd Party Costs: $7,500

		8.60%
		7.80%
		8.70%
		8.50%