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If the price you pay to purchase a loan contract is less than the balance on the loan, the rate of return on your investment
If the price you pay to purchase a loan contract is less than the balance on the loan, the rate of return on your investment will be
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more than the interest rate on the loan.
less than the interest rate on the loan.
the same as the interest rate on the loan.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
