a. What is the yield to the lender and the investors after-tax IRR if 90 percent of
Question:
a. What is the yield to the lender and the investor’s after-tax IRR if 90 percent of the loan must be drawn during the first four months and 10 percent during the last eight months?
b. Repeat (a) assuming 60 percent of the loan is drawn the first four months and 40 percent the last eight months.
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a The yield to the lender is now 1508 v...View the full answer
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Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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