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How many discount points must be charged by the lender so that the effective yield on a 25- year fixed rate mortgage is 15 percent
How many discount points must be charged by the lender so that the effective yield on a 25- year fixed rate mortgage is 15 percent if the nominal interest rate is 14%? A. 5.96 B. 5.98 C. 6.00 D 6.02
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
2nd Edition
041558597X, 978-0415585972
