Wednesday, September 17, 2008

Did you know....

If you buy 1/2 of the payments remaining for 1/2 of the balance owed your yield will be 2 times the face interest rate of the note?

If you buy 1/3rd of the payments remaining for 1/3rd of the balance owed your yield will be 3 times the face interest rate of the note?

If you buy 1/4th of the payments remaining for 1/4th of the balance owed your yield will be 4 times the face interest rate of the note?

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