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how to get this answer 12.12%? 17. Chris purchases a property for $10 million with $6 million in mortgage financing. The loan's interest rate is
how to get this answer 12.12%?
17. Chris purchases a property for $10 million with $6 million in mortgage financing. The loan's interest rate is 5% and the loan is amortized over a 30 year period. Cash flow before debt service is $875,000. His cash on cash after debt service yield is: tom Cash on Cash After Debt Service Yield- be Step by Step Solution
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