Excel. Refer to the Ch5 ARM In: Cap tab in the Excel template. Suppose the index goes

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Excel. Refer to the "Ch5 ARM In: Cap" tab in the Excel template. Suppose the index goes to 18 percent in year 5. What is the effective cost of this ARM? What cap affected the rate in year 5?

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Real Estate Finance And Investments

ISBN: 9780073524719

13th Edition

Authors: William Brueggeman, Jeffrey Fisher

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