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  1. buzzlightyear

    Calculating Return on IP2

    a) Either you use cash (not equity) to reduce your LVR on the second IP b) choose variable rate as you are paying over 2.5% premium for the privelage if fixing. At a 5.2% rate, your interest payments are $23,000 not $35,055. c) pay less than $450,000 Given the relatively low return, what is...
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