Question: show work #1. How many points must a lender charge for a 5.25 percent, 30 -year note to achieve a yield of 6% ? (Though

show work show work \#1. How many points must a lender charge for a

\#1. How many points must a lender charge for a 5.25 percent, 30 -year note to achieve a yield of 6% ? (Though the loan amount does not matter, assume a $100,000 loan for computations) A. Assume the borrower holds the note for the entire term B. Assume the borrower holds the note for 5-years How does the prepayment assumption affect the lender's yield

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