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    Real Estate Finance and Investments Study Set 2
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    Exam 5: Adjustable and Floating Rate Mortgage Loans
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    Assume That the Loan in the Previous Question Allowed for Negative
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Assume That the Loan in the Previous Question Allowed for Negative

Question 7

Question 7

Multiple Choice

Assume that the loan in the previous question allowed for negative amortization. What would be the outstanding balance on the loan at the end of Year 3?


A) $190,074
B) $192,337
C) $192,812
D) $192,926

Correct Answer:

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