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You have the opportunity to buy a mortgage that pays $ 1 9 2 3 / month and has 2 2 3 months until it

You have the opportunity to buy a mortgage that pays $1923/month and has 223 months until it is fully repaid. Assuming that the appropriate yield for an instrument of this risk is 5.2% APR compounded monthly, what is the maximum price you should pay to acquire this mortgage?

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