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Use the amortization schedule below to calculate the Lender's IRR. Assume the loan balloons in Year 1 0 . Loan Principal $ 1 , 2

Use the amortization schedule below to calculate the Lender's IRR. Assume the loan balloons in Year

10 .

Loan Principal $

1, 200, 000

Amortization Term

25

Loan Term

10

Interest Rate

10.00 %

Lender Fee

4.00 %

Lender IRR

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