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NCP bank extends a $400,000, 20 year mortgage at 5%. The interest rate increases to 6% soon after origination. Suppose the loan is expected to

NCP bank extends a $400,000, 20 year mortgage at 5%. The interest rate increases to 6% soon after origination. Suppose the loan is expected to be prepaid in 9 years. What is the loss (interest rate risk) to the bamk from the mortgage? (use financial calculator)

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