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Q1. You could obtain a loan of $150,000 at a rate of 5.5 percent for two years. You have a choice of (i) paying the

Q1. You could obtain a loan of $150,000 at a rate of 5.5 percent for two years. You have a choice of (i) paying the interest (5.5 percent) each year and the total principal at the end of the second ye...

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