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Ann is looking for a fully amortizing 30-year fixed rate mortgage for $1,250,000 with monthly payments. mortgage a has a 4.38% interest rate and requires ann to pay 1.5 points upfront. assuming ann makes payments for 2 years, then immediately pays the remaining balance, what is ann’s irr for mortgage a?
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Ann is looking for a fully amortizing 30-year fixed rate mortgage for $1,250,000 with monthly paymen...
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