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  3. Study Set
    Real Estate Finance Investments
  4. Exam
    Exam 6: Mortgages: Additional Concepts, analysis, and Applications
  5. Question
    A Borrower Is Considering Refinancing and Finds That the Return,considering
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A Borrower Is Considering Refinancing and Finds That the Return,considering

Question 1

Question 1

True/False

A borrower is considering refinancing and finds that the return,considering refinancing charges and lower payments,is 10%.The borrower can earn 12% on alternative investments so the property should be refinanced.

Correct Answer:

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