hort Answer Poliitts as indicated) You want to buy a house as soon as you realistically can. In anticipation of this you are going to begin saving your down payment. Currently, you have no money saved. You believe you will need $30,000 and hope to gather the money over the next four years. If your mutual funds are expected to return 7.0% per year, how much do you have to save monthly in order to obtain your goal? What will be your monthly mortgage payment if you purchase a house for $200,000 ($170,000 mortgage) with a 4.0% interest rate for 30 years? All payments are regular annuities - payments at the end of the period. (6 points) Monthly anings $ | 2. Monthly Mortgage Payment $ Define immunization. Why would a bond fund manager immunize a portfolio? (3 points) Why is a duration-matching strategy a superior technique to a maturity-matching strategy for the minimization of interest rate risk? (4 points)