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please solve, no excel please show work Problem III: Mortgage. Backed Securitios (15 points) First Mortgage Investors purchases a $100,000 Face value MBS carrying a

please solve, no excel please show work
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Problem III: Mortgage. Backed Securitios (15 points) First Mortgage Investors purchases a $100,000 Face value MBS carrying a coupon of 4 percent and a maturity of 30 years. 1. What is the monthly payment on the MBS? 2. What is the remaining principal balance on the MBS if it survives 1 year? 3 -years? 5 years? 30 years? 3. How much interest is collected by the investor if the MBS survives 5 years? 4. What will the MBS sell for in each of the following yield-survival scenarios

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