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You are offered an investment opportunity that costs you $28,000. has a net present value (NPV) of $2278. lasts for three years, has interest rale
You are offered an investment opportunity that costs you $28,000. has a net present value (NPV) of $2278. lasts for three years, has interest rale of 10%. and produces the following cash flows What is the missing cash flow in year 2? Today, you'd like to buy a new home for $300,000 by applying to a 30-year fixed rate mortgage. Your mortgage bank will lend you the money at 5% APR compounded monthly. You can only af ford payments of $1,600 per month. Therefore, you decide the only way you make this work is to offer to make a lump sum (also known as a balloon) payment along with the LAST loan payment How much would this have to be
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