Question: Question about a homework problem in my into to finance class. Theres a negotiated loan for $825,000 with a payment of 2000/month. Interest is 5%.
Question about a homework problem in my into to finance class. Theres a negotiated loan for $825,000 with a payment of 2000/month. Interest is 5%. how many points will be charged to get a 7% yield if the loan is going to be paid back in 27 months.
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