Suppose 10-year Treasury bond yields in the bond market are 7.5% Bond Equivalent Yield (BEY), and the mortgage market requires a contract yield risk premium of 225 basis points above the BEY. If a property has an annual net operating income (NOI) of $400,000, and the underwriting criteria require a debt service coverage ratio (DSCR) of at least 1.25x, then what is the maximum loan that can be offered assuming a 30-year amortization rate and monthly payments on the mortgages? (10 points) Hint: first find the mortgage equivalent yield, and then solve for the debt service. MEY %): Annual Debt Service: Monthly Debt Service: Loan Amount