Use the following information to answer questions #4 - #6: Suppose you are considering a 30-year, adjustable rate mortgage (ARM) with the following characteristics: Mortgage Amount: $250,000 Index: 1-year Treasury bill yield Margin: 2.50% Annual Cap: 1.00% Lifetime Cap: 5.00% Discount Points: 2.0 4. If the 1-year Treasury bill yield is currently 1.50%, what are the monthly payments during the first year? 5. If the 1-year Treasury bill yield increases to 3,0% at the end of the first year, what are the monthly payment for year 2? 6. If the 1-year Treasury bill yield remains at 3.0% throughout both years two and three, and the loan is paid off at the end of year 3, what is the effective cost (yield) on this loan? Use the following information to answer questions #4 - #6: Suppose you are considering a 30-year, adjustable rate mortgage (ARM) with the following characteristics: Mortgage Amount: $250,000 Index: 1-year Treasury bill yield Margin: 2.50% Annual Cap: 1.00% Lifetime Cap: 5.00% Discount Points: 2.0 4. If the 1-year Treasury bill yield is currently 1.50%, what are the monthly payments during the first year? 5. If the 1-year Treasury bill yield increases to 3,0% at the end of the first year, what are the monthly payment for year 2? 6. If the 1-year Treasury bill yield remains at 3.0% throughout both years two and three, and the loan is paid off at the end of year 3, what is the effective cost (yield) on this loan