1) A mortgage loan of $1,875,000 has just been made on a property valued at $2,500,000. The interest rate is 5% with 2 points. The loan will require level monthly payments to amortize the principal over 30 years. The mortgage also carries a 1% prepayment penalty. a. What is the indicated loan-to-value ratio? What is the monthly mortgage payment? How much interest is paid in the fifth year? If the mortgage is paid off after 8 years what will the effective yield be