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i hope i can have full step about how to find the answers Question 2 (16 marks) A partially amortizing mortgage is made for $3,000,000

i hope i can have full step about how to find the answers
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Question 2 (16 marks) A partially amortizing mortgage is made for $3,000,000 for a term of 10 years at 6 percent interest. The borrower and lender agree that a balance of $1,000,000 will remain and be repaid as a lump sum at that time. A) What will monthly payments be over the 10-year period? (2 marks) B) What will the loan balance be if the borrower chooses to repay the loan after i. 5 years instead of at the end of year 10? (2 marks) ii. 8 years instead of at the end of year 107 (2 marks) C) Name and explain two types of risk faced by the lender under a fixed rate mortgage arrangement. (6 marks) D Can a price-level-adjusted mortgage (PLAM) reduce the risk you mentioned in part (c)? (4 marks)

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