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Given the Following Information, Calculate the Loan-To-Value Ratio for This

Question 14

Multiple Choice

Given the following information, calculate the loan-to-value ratio for this property. Loan amount: $450,000, Interest rate: 7.5%, Acquisition price: $550,000


A) 0.18
B) 0.82
C) 0.99
D) 1.22

Correct Answer:

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