3. Consider a $40 million 5.5%, FRM (or CPM) with monthly payments. Determine the monthly payment and the balloon payment (OSB or OLB at end of the term) amounts in each of the following cases: (a) Fully-amortizing, 25-year loan (amortization period and loan term or life coincide in this case) (b) 30-year amortization, 5-year term (maturity). [Remember PMT is always based on the amortization period. The typical Canadian housing mortgage and most income-property loans are "balloon" loans that have a term shorter than the amortization period and implies that the balance owing (OSB or OLB), aka the "balloon" payment is due at the end of the term.]