9. A mortgage loan of $300,030 is made at an interest rate of 6% with monthly payments for 30 years. a) What is the monthly debt service? TWhat are the total debt service payments in a year? b) Show the distribution between interest and principal for years 1 through 5. c) If the loan is repaid after 5 years, what is the lender's yield (Hint: lender's yield is equivalent to the cost to the borrower)? d) Suppose the borrower has to pay two discount points at closing. 1|iWhat is the effective borrowing cost (EEC) if the loan is repaid after 5 years? e) Suppose the borrower has to pay two discount points at closing- 1|What is the EEC if the loan is repaid after 3 years? 9 Suppose the borrower has to pay two discount points at closing and the loan is repaid after 3 years with a prepayment penalty of 2% of the outstanding balance. What is the EEC