What is the amount due at t=1 for the construction loan?\ $ M\ Consider a one-year, zero-coupon, riskless loan, with a face value of $95M, originated at t=1 (The only payment that the lender will receive is $95M at t =2). The riskless rate of return is 1% per year, which accrues annually. What is the value of this riskless loan at t=1?\ $ M\ Consider the bridge loan B that was explained above. What is the bridge loan lenders payoff in each state of nature at t=2? (Hint: D promises to pay $95M at t=2 but may strategically default on the loan.)\ $ M if the property value is 117;\ $ M if the property value is 93