An investor wants to purchase a mortgage. The loan under consideration was $140,000 5 years ago with monthly payments at 10% interest. The loan is fully amortizing over 30 years.

#1. What should the investor be willing to pay if their required return is 11% (**ANSWER I THINK** $125,352.88)

#2. How does the answer in Part #1 change if it is assumed that the loan will be repaid in 5 years? **NEED THIS ANSWER**