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Suppose that there is no origination cost. Given the following information, Option A: Term: 30 years; Interest Rate: 5%; Discount Points: 0: Homeowner will
Suppose that there is no origination cost. Given the following information, Option A: Term: 30 years; Interest Rate: 5%; Discount Points: 0: Homeowner will move in 2 years Option B: Term: 30 years; Interest Rate: 5%; Discount Points: 1; Homeowner will stay in the house for over 30 years Option C: over 30 years Term: 30 years; Interest Rate: 5.05% Discount Points: 0; Homeowner will stay in the house for
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