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Stephen Curry just took a 30-year $416,979.04 mortgage with $2,500 monthly payments and APR=6% (compounded monthly). What will be his balance 20 years from now

Stephen Curry just took a 30-year $416,979.04 mortgage with $2,500 monthly payments and APR=6% (compounded monthly). What will be his balance 20 years from now (right after you'll pay your 240th payment?

Question 1 options:

$196,318

$138,993

$225,184

$208,490

What can you say about a bond with YTM>YTC

Question 2 options:

Most likely, it is underpriced.

Most likely, it will be called.

Most likely, it is overpriced.

Most likely, it will not be called.

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