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How many points must a lender change to bring the contract rate of 4.0% up to 5.0% for a 25-year loan (monthly payments) of 200,000?
How many points must a lender change to bring the contract rate of 4.0% up to 5.0% for a 25-year loan (monthly payments) of 200,000? Assume the bank averages 10 years prior to payoff of the loan and s...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
