Given the following information about a fully amortizing, Financial Management

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Given the following information about a fully amortizing

Given the following information about a fully amortizing loan, calculate the lender’s yield (rounded to the nearest tenth of a percent). Loan amount: $136,950, Term: 15 years, Interest rate: 7 %, Monthly Payment: $1,230.00, Discount points: $3,040. Show all work

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Financial Management: Given the following information about a fully amortizing

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Financial Management: Given the following information about a fully amortizing

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