What is the monthly payment the loan is pre-paid after 5
A monthly amortizing, $ 500,000 fixed-rate loan amortizes fully in 25 years and has a contract rate of 5%. Total initial friction costs equal $ 4,000.
• What is the monthly payment?
• The loan is pre-paid after 5 years. What is the loan balance?
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yield to maturitya firms bonds have a maturity of 14 years with a 1000 face value have an 8 semiannual coupon are
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