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Business, 06.11.2021 07:40 orangnevertrust69

If one discount point costs the borrower 1% of the loan amount, and increases the lender's yield by 1/8th of one percent, how many discount points must be purchased to lower the interest rate by 1%

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If one discount point costs the borrower 1% of the loan amount, and increases the lender's yield by...

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