2. Given the following information about a 5/1 ARM, what will the monthly payment for this loan be immediately after the first reset date if the reference index is at 3%? Loan am ount: $500,000; Initial interest rate 2.5%; Margin 2%; Index: 1 year US treasuries. (30 year, fully amortizing loan, monthly payments) A. S1,834.90 B. S1,866.56 C. $1,975.60 D. S2,574.40 E. 88,310.46