Question 31 (1 point) Consider a 2-year old mortgage that originally had a face value of $200,000 over a 25-year amortization period, with a 5-year contractual term, monthly payments rounded up to the next higher dollar, and an interest rate of 5% per annum, compounded semi-annually. Calculate the discount on this mortgage loan if an investor purchases the remaining mortgage and wants to earn a yield of 7.5% per annum, compounded annually. $18,305.85 $11,457.36 $13,229.08 $16,445.67