Suppose our 30-year loan at 7% of $145,000 is to be paid off at the end of seven years . The payment is $1,000 each month. What does this prepayment do to the lender's yield and the effective borrowing cost (EBC)?

Suppose our 30-year loan at 7% of $145,000 is to be paid off at the end of seven years. The payment is $1,000 each month. What does this prepayment do to the lender's yield and the effective borrowing cost (EBC)? O 0.64% O 14.17% O 8.43% O 7.68%