BreadOfTheBear
29.11.2020 •
Business
A bank issues a $135,000 fixed-rate, 35-year mortgage with a nominal annual rate of 5.5%. If the required rate drops to 5.0% immediately after the mortgage is issued, what is the impact on the value of the mortgage?
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Ответ:
Yes
Explanation:
it goes off the reality of statewide prisons