Question: Consider a 2 5 - year ( monthly - payment ) , 7 % , 5 9 0 , 0 0 0 mortgage with 4

Consider a 25-year (monthly-payment),7%,590,000 mortgage with 4 polats prepaid interest up front. How much is the pevious mortgage werth in the secondury marter if the proving YTM in that marter lo 6.55%
(Assume the loan is held to maturity.)
Excel Link: Exeel Sheet-xlsx
$93,774
$90,000
$91,520
$105,045
Consider a 2 5 - year ( monthly - payment ) , 7 %

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