Question 7 (1 point) Given the following information, calculate the debt yield ratio of this commercial loan. . . Estimated net operating income (NOI) in the first year: $156,000 Debt service in the first year: $95,000 Loan amount: $800,000 Purchase price: $1,300,000 Note: The DYR should be a percentage, such as 9.5%. You should convert it into a decimal with three decimal points, for example 0.095 (rather than rounding up to 0.10). If you round your answer to one or two decimal points, you may get this problem wrong. Your Answer: Answer Question 8 (1 point) Is the DYR you calculated above acceptable to a lender? Why or why not? Comment on what the DYR means, how lenders use it and what range they would find acceptable. Do lenders want this to be higher or low? Is there a minimum or maximum and if so, why? Question 9 (1 point) Explain how you calculated the Debt Yield Ratio from the previous question. Show your math