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Question 25 3.33 pts A friend pitches you the opportunity to invest in one of his deals. She claims the property will earn a total

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Question 25 3.33 pts A friend pitches you the opportunity to invest in one of his deals. She claims the property will earn a total return of 10%. She's planning on using an 80% LTV mortgage at 5% to acquire the property. What is the estimated return to you, the equity investor? 08% O 30% None of these are correct 17.3396 10% Question 26 3.33 pts True or false, assuming borrower is in good standing? (answers are in same order as the statements) 1. The lender must terminate PMI if the mortgage balance is less than 80% of the current market value of the property 2. The lender has an obligation to terminate PMI if the mortgage balance is less than 78% of the current value of the property False. True True. True True False False, False

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