5. You are thinking about buying a condo, and you have saved $25,000 for a down payment. The bank is offering 4% loans and requires a 10% down payment. (10 pt.s) a) What is the most you can borrow? b) What will your monthly payment be on a 30 year loan? c) How much principal will you still owe after 8 years? 6. You want to buy a corporate bond for your portfolio. The bond is 10 year. $1,000 par value and makes semi-annual coupon payments. The annual coupon rate is 6%. It has been four years since it was issued. Market interest rates have dropped to 4%. (10 pt.s) d) What is the price the bond would currently be trading at? e) Five years after issue the company has run into trouble and its bonds are now trading at 97. What is the yield to maturity for the bonds