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Given the following information about a fully amortizing loan, calculate the lender's yield ( rounded to the nearest tenth of a percent ) : loan

Given the following information about a fully amortizing loan, calculate the lender's yield (rounded to the nearest tenth of a percent): loan amount: $166,950; term: 30 years; interest rate: 8%; monthly payment: $1,225.00; discount points: 2.
A)7.7%
B)8.0%
C)8.2%
D)10.0%
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