The faster you pay off of mortgage the more you save on, Financial Management

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The faster you pay off of mortgage the more you save on

The faster you pay off of mortgage, the more you save on interest; this is one of the advantages of paying off a loan earlier.

True

False

Yield to maturity reflects the current market rate and it is the appropriate discount rate that matches the present value of the bond's cash flow stream and price of a bond.

True

False

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