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consider a $1,000,000 8% 30 year mortgage. after 4 years, an investor purchases the mortgage. the...

consider a $1,000,000 8% 30 year mortgage. after 4 years, an investor purchases the mortgage. the investor requires a 9% yield and has an expectation that the mortgage will prepay 5 years from the time of purchase. What price does the investor pay? please include steps. my professor told us to read a chapter and figure it out ourselves for a possible pop quiz and im extremely stuck.

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