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plece QUESTION 14 6.25 points Save Answer You have just borrowed $230000 to buy a condo. You will repay the loan in equal monthly payments
plece
QUESTION 14 6.25 points Save Answer You have just borrowed $230000 to buy a condo. You will repay the loan in equal monthly payments over the next 10 years. The monthly interest rate on the loan is 1.05 percent. What is the monthly payment on this mortgage? O 3790.97 0 2987.74 0 2886.94 3380.1 0 3796.24 QUESTION 15 6.25 points Save Answer The inflation rate over the past year was 7.1 percent. If an investment had a real return of 4.6 percent, what was the nominal return in percentage on this investment? O 2.39 O 5.72 O 5.47 O 12.03 O 5.79 QUESTION 16 6.25 points Save Answer Otobo, Inc., has a bond outstanding with a coupon rate of 8.2 percent and semiannual payments. The yield to maturity is 8.9 percent and the bond matures in 11 years. What is the market price if the bond has a par value of 54000? O 4463.26 O 3075.89 O 3806.11 O 3369.6 O 3344.51Step by Step Solution
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