14. You are a credit analyst in the asset management department of a large insurance company. The credit department is researching an investment in a syndicated loan made to a large rm. The loan is an \"amortized loan\" with a 7% interest rate payable semi-annually. The original term was 10 years. For analytical purposes, assume the loan trades in $1000 increments. What are the semi-annual payments on the loan? a. $70.36 b. $72.62 c. $81.47 d. $85.00 e. $91.52