A family has taken a mortgage loan of 1,000,000 AED. They are required to pay 100,000 at

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A family has taken a mortgage loan of 1,000,000 AED. They are required to pay 100,000 at the end of each year over twenty years. Calculate What is the yield to maturity of this mortgage loan?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Posted Date: Mar 17, 2023 04:20 AM

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A family has taken a mortgage loan of 1,000,000 AED. They are required to pay 100,000 at

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Engineering economy

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