The payment for a mortgage

  1. What is the payment for a mortgage with a principal of 100,000$ interest 5% that is taken out for 10 years and paid quarterly? a. 3189.45 b. 3190.1 c. 3196.2 d. 3192.14 2. Assuming a Mortgage for 10 years for 100,000 with 4 percent annual interest which is paid monthly what is the PV of the Principal Part of the Payment paid on the 13-th payment? Round to the nearest Dollar amount please a. NONE OF THE ABOVE b. 699 c. 654 d. 677 3. What will be the convexity of a coupon paying bond that pays its coupon of 3% annually the principal at the end and is maturing in 3 years and has current yield of 4%? Assume Principal is 100 a. NONE OF THE ABOVE b. 8.62 c. 8.38 d. 7.81