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    Exam 3: Central Place Theory and the System of Cities
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    If Yields Are Quoted at 9
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If Yields Are Quoted at 9

Question 18

Question 18

Short Answer

If yields are quoted at 9.00% in the bond market BEY), then what interest rate must you charge in a monthly-payment mortgage MEY) in order to be able to sell the mortgage at par value in the bond market?

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