Question: FRM. (Term=30 years, Note Rate = 5.00, Loan Amount = 800,000, Points=2) What is the lender's yield (expressed as an APR) if the mortgage is

FRM. (Term=30 years, Note Rate = 5.00, Loan Amount = 800,000, Points=2) What is the lender's yield (expressed as an APR) if the mortgage is paid off after 4 years?

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