Interest rate on the mortgage is 8 and current five year


Loan $500,000, Ten year term with 30 year amortization mortgage with 2.5 years remaining on the term the borrower wants to repay the mortgage. Interest rate on the mortgage is 8% and current five year treasury is 2.50% and the 2 year treasury is 1.25%. What is the yield maintenance penalty. (Please explain all steps)

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Financial Management: Interest rate on the mortgage is 8 and current five year
Reference No:- TGS02803598

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