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QUESTION 16 Ann wants to buy a building. The annual Nol for the building will be $100.000. She wants to get a 10 year interest

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QUESTION 16 "Ann wants to buy a building. The annual Nol for the building will be $100.000. She wants to get a 10 year interest only fuced rate mortgage at an annual rate of 5 with annual compounding and annual payments to buy the building. The lender has a minimum Debt Service Coverage Ratio (DSC of 1.20 if Ann gets a SOM LTV loan for $500,000, what is her DSCH? A

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