Question
Hi I wish you send me the answer as soon as posible and let me know how you get the PV for both questions A
Hi I wish you send me the answer as soon as posible and let me know how you get the PV for both questions
A mortgage banker is originating a level payment mortgage with the following ttrms:
Annual intrest ratr: 6%
loan tern: 30 years
payment frequencey: monthly
loan Amount : $250000
total upfront costs ( inclouding discount points) $8000
Discount points : 2%
1) calculate the lenders yirld whith uint maturity ?
2) calculatr thr Effective borrowing cost or APR with prepayment in 4 years ?
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Financial Analysis And Modeling Using Excel And VBA
Authors: Chandan Sengupta
2nd Edition
047027560X, 978-0470275603
