Question 14 (1 point) Saved Given the following information, calculate the loan-to-value ratio of this potential commercial loan. Estimated net operating income in the first year: $153,000 Debt service in the first year: $90,000 Loan amount: $1,010,000 Purchase price: $1,290,000 Your Answer: 0.78 Answer Question 15 (1 point) In the previous question, you calculated the LTV of a proposed loan. The lender has stated it will make loans with a max LTV of 70%. Given that requirement, will the lender approve the loan amount in the previous question? Why or why not