Question: A. 4.75% B. 5.14% C. 5.54% D. 6.02% A borrower procures a package of 3 loans to finance an acquisition Loan A: 150,000 30-years 6%

A. 4.75% B. 5.14% C. 5.54% D. 6.02% A borrower procures

A. 4.75% B. 5.14% C. 5.54% D. 6.02%

A borrower procures a package of 3 loans to finance an acquisition Loan A: 150,000 30-years 6% Loan B: 100,000 20-years 5% Loan C: 50,000 10-years 4% Assuming no points, what is the effective interest rate for this loan package

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