1) A bank originates a loan for $300,000, requiring 360 total monthly payments. The interest rate is 4% per year. Ten-years (and 120 payments) after the loan is originated, interest rates on similar loans (with 240 remaining payments) are 6%, what is the market value of the loan (to the nearest dollar) after ten years, if all prior payments were made on time, and in the required amount? a) $200,000 b) $199,914 c) $236,352 d) $238,887 e) None of the above