Assuming 2 points are charged by the lender, what will be the yield if the loan is
Question:
Assuming 2 points are charged by the lender, what will be the yield if the loan is repaid at the end of year 10? What must the loan balance be if it is repaid after year 4? What will be the yield to the lender if the loan is repaid at the end of year 4?
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To calculate the yield to the lender in each scenario well need to use the concept of the internal r...View the full answer
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Related Book For 
Real Estate Finance And Investments
ISBN: 9781259919688
16th Edition
Authors: William Brueggeman, Jeffrey Fisher
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