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What is the before tax effective cost of funds for a $ 2 0 0 , 0 0 0 loan at 5 . 5 0
What is the before tax effective cost of funds for a $ loan at percent interest, with monthly payments amortized over years if the lender charges points at origination and the borrower will incur $ in third party loan costs? Assume the loan is outstanding for the full loan term which is five years.
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