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If you are a mortgage lender, what is the most you are willing to lend a borrower TODAY in the following situation? The borrower has

If you are a mortgage lender, what is the most you are willing to lend a borrower TODAY
in the following situation? The borrower has promised to pay you $11,000 at the end of
each year for 10 years, and you want to earn a 8% annual rate of return.
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