11. Citibank lent a 27-year, $1,500,000 loan at 5% with monthly payments. Ten years later, Bank of America (BOA) wants to purchase the loan from Citibank but BOA wants to get at least 6% from the purchase. How much would BOA be willing to pay for the loan? 1. A) $913,309.28 2. B) $1,040,504.91 3. C) $1,078,479.98 4. D) $1,326,276.35