1 you take a 15-year mortgage loan of 10504690 with an, Ask an Expert

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1. You take a 15-year mortgage loan of 105,046.90, with an interest rate of 12% assuming monthly payments. The interest expense is tax-deducitbale, therefore interest expense for each year is reported to the irs. what is the total interest expense for the whole year 10?

2. You bought a 29 year, zero-coupon bond for $904, excatly 3 years ago. If you sell the bond today at a price of 1,040, what would be your realized return if compounding is annual.

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Financial Management, Finance

Category:- Financial Management
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