Both you and Doug Ford are clients of the First Bank and Trust of Stoner (FBTS), a boutique mortgage lender in Stoner, British Columbia. By coincidence, today you are both seeking an interest-only mort- gage loan with annual coupon payments, a maturity of two years, and an initial balance of $1,200,000.00 Mitchell Hedberg, manager of the mortgage division at FBTS, considers each of your applications for such a loan along with your credit histones, employment record and current household wealth. After reading the documentation you each provide with your loan applications, Mitch understands that Doug is a riskless borrower but that you poee a senous credit risk to FBTS. After checking today's one-year and two-year interest rates on Canadian goverment bonds, which have respective values of 2.900000% and 8.206269%, Doug 16 offered a 3.000000% annual coupon rate on his loan while you are offered a 6.000000% rate on yours. Being a highly successful student in real estate finance froen Ryerson, what can you infer about the value, in current dollars, of the credit risk you pose to the bank today? 0.998,789.13 $13,618.01 $21,679.45 $45,808.48 $36,987.12