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Anything for question B please? I'm supposed to write 300 words and I don't know what to write. Question 1: Mini Case in below Mr.

Anything for question B please? I'm supposed to write 300 words and I don't know what to write. Question 1: Mini Case in below Mr. Smith is considering to purchase a townhouse in Vancouver area. Ms. Angel is approaching Mr. Smith as a real estate broker to help Mr. Smith to select, negotiate and purchase the property. Mr. Smith finally signed Purchase agreement for a townhouse in Fraser Valley area at the purchase cost of Cnd$1.2million just recently, the completion date will be 01June2021; Mr. Smith decided to go to Bank B for his mortgage, the mortgage brokerage manager Ms. Catherine greeted Mr. Smith and introduce him for the following mortgage information: Bank B can offer the maximum loan amount (mortgage amount) either capped at 6times of Mr. Smith taxable income 2020 or 65% of townhouse purchase price; in this case, Mr. Smith annual taxable income 2020 was cnd$100,000; The mortgage rate nominal is 2% per annum, and financial institution in Canada is allowed to quote the rate at semi-annual compounding; The mortgage will be paid monthly; Ms. Catherine offered Mr. Smith the amortization period of 25 years, which Mr. Smith agreed with; Q1-a: Quantitative analysis; based on the information provided in above, please calculate Mr. Smith monthly mortgage payment amount (please illustrate the each number for time value calculation, step by step ) 20 Marks ( I already have the solution for this one). Q1-b: Qualitative/Subjective Question; Please discuss the TWO agency relationships and possible agency problems in above mini case; Illustrate the bulletin points how Mr. Smith solve the agency problems for each agency problem respectively; (In bulletin points and explain the insights/implications, within 300 words)

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