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Evas Question 1 25 pts Nicole just purchased a home using a $400,000 mortgage with a fixed rate of 8.5% and a 30-year maturity. What

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Evas Question 1 25 pts Nicole just purchased a home using a $400,000 mortgage with a fixed rate of 8.5% and a 30-year maturity. What are the monthly payments or the mortgage? $3.07565 $2.907.85 $2.83333 $3,101.69 Question 2 25 pts Marshall is considering the purchase of a perpetuity (a consol bond) from the British Government. The bond makes payments of $675 per year and is currently selling for $5,000. What is the annual cost of capital of this bond? 0.00% 13.5096 Answer does not exist 11.899 FO

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