9. Given the following information about a fully amortizing loan, calculate the lender's yield (rounded to the nearest tenth of a percent). Loan amount: $150,000 Term: 30 years Monthly Payment: $1,200 Discount points: 3 Other Closing Expenses: $3,000 a. 9.3% b. 9.5% c. 9.7% d. 9.9% 10. Given the following information about a fully amortizing loan, calculate the effective borrowing cost (rounded to the nearest tenth of a percent). Loan amount: $150,000 Term: 30 years Monthly Payment: $1,200 Discount points: 3 Other Closing Expenses: $3,000 a. 9.3% b. 9.5% C. 9.7% d. 9.9%