Q:2 (30pt) Laila has $50,000, she borrowed another $100,000 to buy a house at 10% form AlQuds Bank. Laila intends to repay the loan over 15 years. a. What is the Asset; Debt; Equity at time t=0 (3Pt) b. Calculate the Outstanding Principle after 4 years (4Pt) c. What is the Debt, Equity, and Asset after 4 years (3Pt) d. What is the interest that Laila paid during the 4 years (4Pt) e. Start form year 4 Laila increase the monthly payment by 25%. i. What would be the new payments? (1Pt) ii. What is the outstanding balance after the 6 years (4Pt) What is the Debt, Equity, and Asset after 6 years (3Pt) iv. How many payments, Laila, needs to make in order repay her mortgage (3Pt) Suppose that BP offers a mortgage rate of 8%. Should Laila refinance its loan, if the penalty of early repayment of the loan to the AB is a 3- month payment? (6Pt) V