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What is the lender's yield (solve for i) on a $225,000 loan at 11% with monthly payments over 25 years if 3 points are charged

What is the lender's yield (solve for "i") on a $225,000 loan at 11% with monthly payments over 25 years if 3 points are charged at origination and the loan is fully amortized?

1.

11.42%

2.

10.38%

3.

12.01%

4.

10.66%

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