Multiple Choice
A property is financed with an 85% loan-to-value ratio at 10% interest over 25 years. What would the BTIRRE on equity be estimated at given that the BTIRRP is 10.75%?
A) 10.1%
B) 10.4%
C) 15.0%
D) 13.2%
Correct Answer:
Verified
Correct Answer:
Verified
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