A borrower has been analyzing different adjustable rate mortgage (ARM) alternatives for the purchase of a property. The borrower anticipates owning the property for five years. The lender first offers a $142,000, 30-year fully amortizing ARM with the following terms Initial interest rate 6 percent Index 1-year Treasuries Payments reset each year Margin 2 percent Interest rate cap - None Payment cap None. Negative amortization - Not allowed Discount points 2 percent Based on estimated forward rates, the index to which the ARM is tied is forecasted as follows: Beginning of year (BOM) 2-7 percent (BOY) 3=8.5 percent: (BOY) 4-9.5 percent: (BOY) 5-11 percent. Required: a. Compute the payments and loan balances for the unrestricted ARM for the five-year period. b. Compute the yield for the unrestricted ARM for the five-year period. Complete this question by entering your answers in the tabs below. Required A Required B Compute the payments and loan balances for the unrestricted ARM for the five-year period. Note: Do not round intermediate calculations. Round "Payments" to 2 decimal places and "Loan Balance" to the nearest dollar amount. Payments Los Balance Year 1 Year 2 Year 3 Year 4 Year 5 Required B > Complete this question by entering your answers in the tabs below. Required A Required B Compute the yield for the unrestricted ARM for the five-year period. Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Yield % < Required A