Question
Suppose you chose to move after ten years, sell your house for $175,000, and pay off the remaining loan balance. What annualized return did you
Suppose you chose to move after ten years, sell your house for $175,000, and pay off the remaining loan balance. What annualized return did you earn on your initial home equity investment?
| 5.46% | ||
| 7.04% | ||
| 2.26% | ||
| 13.98% |
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
