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You took on leverage with your home purchase by placing 20% down and financing the rest of a $1M home. The housing market (and your

You took on leverage with your home purchase by placing 20% down and financing the rest of a $1M home. The housing market (and your home value) decreased by 15% over the last year. How much did your investment (your original down payment) decrease? a. 100% decrease b. 20% decrease c. Not enough information to tell d. 75% decrease

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