Verify that the price of the 12% interest rate cap in Figure 25.6 is $3.909. In Figure
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In Figure 25.6
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Year YYear 2 Year 3 $6.689 $6.799 $1.078 $3.184 $0.00 $1.463 $0.00 $0.250 $0.00 $0.00
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