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Suppose your banks loan officer tells you that if you take out a mortgage (i.e., you borrow money to buy a house), you will be

Suppose your banks loan officer tells you that if you take out a mortgage (i.e., you

borrow money to buy a house), you will be permitted to borrow no more than 80% of

the value of the house. Describe this transaction using the terminology of short-sales.

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