Suppose the 9%, $120,000, 30-year, monthly-payment CPM loan has 2 "points" of prepaid interest up front, plus a 5 point prepayment penalty percent of OLB). What would be the yield in nominal per annum terms) over an expected holding period of 7 years i.e., expected prepayment 7 years after loan is originated)?
9.88%

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The Answer of Suppose the 9%, $120,000, 30-year, monthly-payment CPM loan has 2 "points" of prepaid interest up front, plus a 5 point prepayment penalty percent of OLB). What would be the yield in nominal per annum terms) over an expected holding period of 7 years i.e., expected prepayment 7 years after loan is originated)?
9.88%

Suppose the 9%, $120,000, 30-Year, Monthly-Payment CPM Loan Has 2