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LOAN 1 LOAN 2 LOAN 3 LOAN 4 Initial Interest Rate ? ? ? ? Loan Maturity (years) 20 20 20 20 % Margin Above
| LOAN 1 | LOAN 2 | LOAN 3 | LOAN 4 | |
| Initial Interest Rate | ? | ? | ? | ? |
| Loan Maturity (years) | 20 | 20 | 20 | 20 |
| % Margin Above Index | 2% | 3% | 3% | |
| Adjustment Interval | 1 yr. | 1 yr. | 1 yr. | |
| Points | 1% | 1% | 1% | 1% |
| Interest Rate Cap | NONE | 1%/yr. | 3%/yr. |
Which loan in the above table should have the lowest initial interest rate?
Group of answer choices
Loan 2
Loan 3
Loan 4
Loan 1
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
