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What is the yield to the lender on a $300,000 loan at 5.50 percent interest, with monthly payments amortized over 30 years if the lender

What is the yield to the lender on a $300,000 loan at 5.50 percent interest, with monthly payments amortized over 30 years if the lender charges 3 points at origination, and the loan is outstanding for the full loan term which is fifteen years? Group of answer choices

A. 6.60%

B. 6.50%

C. 5.84%

D. 6.89%

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