ros Use the following information to answer the next three questions: You purchase a house for $326,000 financed via an 80% LTV 7/1 hybrid adjustable rate mortgage (ARM) amortized over 30 years (monthly payments) with an initial non-teaser composite interest rate of 2%. The loan is indexed to the one-year Treasury Bill, carries a margin of 1.5%, and has an interest rate cap and floor of 5%/2%/5%. The loan is also interest-only for the duration of the fixed-rate period. The one-year T-bill rate at the start of year 8 is expected to be 4.5%, and the one-year T-bill rate at the start of year 9 is expected to be 5.25%. D Question 24 3 pts Compute the payment in year 1. $326.00 O $434.67 $543.33 $712.44 O $963.97 ros Use the following information to answer the next three questions: You purchase a house for $326,000 financed via an 80% LTV 7/1 hybrid adjustable rate mortgage (ARM) amortized over 30 years (monthly payments) with an initial non-teaser composite interest rate of 2%. The loan is indexed to the one-year Treasury Bill, carries a margin of 1.5%, and has an interest rate cap and floor of 5%/2%/5%. The loan is also interest-only for the duration of the fixed-rate period. The one-year T-bill rate at the start of year 8 is expected to be 4.5%, and the one-year T-bill rate at the start of year 9 is expected to be 5.25%. D Question 24 3 pts Compute the payment in year 1. $326.00 O $434.67 $543.33 $712.44 O $963.97