Question: - All work to be submitted in Excel Worksheet - Please note you are writing from a viewpoint of a individual person. Description: You hope

- All work to be submitted in Excel Worksheet

- Please note you are writing from a viewpoint of a individual person.

Description: You hope to buy a house and have been saving diligently over the last few years.

- House Cost: $500,000

-You have saved 20% downpayment.

-You hope to get a 30 year mortgage.

- 30 year mortgage cost 100 bps above 30 year treasury.

Answer the following questions.

Q-1) Treasury Yield curve as of 12/31/2020 and 08/10/2023. Create a Chart

Q-2) What has happened to mortgage rates : comparate rates 12/31/2020 and 08/10/2023? How has that affected you as a borrower?

Q-3) Create an amortization table based on Mortgage rate as of 12/31/2020? (In Excel)

Q-4) Create an amortization table based on Mortgage rate as of 08/10/2023? (In Excel)

Q-5) How has monthly payments changed between 12/31/2020 and 08/10/2023? Comments?

Please note every question requires numbers to back every opinion you have. We will discuss details in class.

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