Business, 02.03.2020 23:17 debramknoxx
From the borrower's perspective, the effective borrowing cost is often viewed as the implied internal rate of return (IRR), since it takes into consideration costs that the borrower faces, but which are not passed on as income to the lender. Included in this calculation are certain closing costs, which may consist of all of the following EXCEPT:A. Title insuranceB. Mortgage insuranceC. Recording feesD. Earnest money
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From the borrower's perspective, the effective borrowing cost is often viewed as the implied interna...
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