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Suppose that a lender originates a 30 year fixed rate loan that is fully amortizing with constant monthly payments. Further, assume that lender charges $867.89
- Suppose that a lender originates a 30 year fixed rate loan that is fully amortizing with constant monthly payments. Further, assume that lender charges $867.89 in origination fees. Under which scenario below will lenders yields be the greatest? a. the borrower repays after 2 years b. the borrower repays after 3 years. c The borrower repays after 30 years. d. not enough information to tell.
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
