Question 7 1 pt Given the following Adjustable Rate Mortgage (ARM): Loan amount: $100,000 Terms: 20 years, monthly payment Discount point: O Origination fee: $8,000 Teaser rate: 7.5% Margin: 225 basis points Rate caps: 2.5% annually. 6% lifetime Market Index: EOY 1 2. 3 Index 8.6% 10.5% 5 4 11.5% 9.5% 10.5% What are the composite interest rates for year 2 through year 6? None of the above is all correct 10%, 11.75 12.75%: 13.5%: 12.75% 10%, 12.5% 13.5%, 13.5%, 13.5% 10.65%. 11.75%, 12.75%: 13.75% 12.75%