The following payoff table lists four mortgage options. What is the worst payoff rate for the 5-year ARM? Outcome Decision Rates Rise Rates Stable Rates Fall 1-year ARM $66,645 $43,650 $38,560 3-year ARM $62,857 $47,698 $42,726 5-year ARM $50,894 $48,134 30-year fixed $52,276 $52,276 $52,276 $50,894 B. $55,895 C. $51,641 $48,134 The following payoff table lists four mortgage options. What is the worst payoff rate for the 5-year ARM? Outcome Decision Rates Rise Rates Stable Rates Fall 1-year ARM $66,645 $43,650 $38,560 3-year ARM $62,857 $47,698 $42,726 5-year ARM $50,894 $48,134 30-year fixed $52,276 $52,276 $52,276 $50,894 B. $55,895 C. $51,641 $48,134