Question: given the following information about a fully amortizing loan, calculate the lender's yield ( rounded to the nearest tenth of a percent ) : term:

given the following information about a fully amortizing loan, calculate the lender's yield (rounded to the nearest tenth of a percent): term: 25 years; interest rate: 6.5%; monthly payment: $2,125.00; discount points: 3. the cost of borrower title insurance and mortgage insurance are, respectively, 0.5 percent and 2.0 percent of the loan amount. additional fees paid to other third parties will equal $3,611. group of answer choices 7.1% none of the above 6.8%7.3%6.6%

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