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If the lender charges upfront points on a loan, what effect will prepayment of the loan have on the lender? Question 5 options: 1) higher

If the lender charges upfront points on a loan, what effect will prepayment of the loan have on the lender?

Question 5 options:

1)

higher yield for the lender

2)

lower yield for the lender

3)

not enough information

4)

none of the above

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