You have a $58,400 15-year loan with an APR of 6.5%. Assuming you are in the 22

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You have a $58,400 15-year loan with an APR of 6.5%. Assuming you are in the 22 percent marginal tax brackets.

How much tax shelter you would have lost had you opted for a 10-year loan instead of the original 15-year loan?

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Corporate Finance

ISBN: 978-0133097894

3rd edition

Authors: Jonathan Berk and Peter DeMarzo

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Posted Date: Mar 13, 2023 03:56 AM

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You have a $58,400 15-year loan with an APR of 6.5%. Assuming you are in the 22

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Assuming the 58400 15year loan with an APR of 65 is paid in equal monthly installments the monthl... View the full answer

Corporate Finance

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