Use the information given below to answer the following question$($s$).$

What is the maximum opportunity loss incurred for the $2-$year ARM?

Outcomes

Desicion

Rates Rise

Rates Stable

Rates Fall

$2-$year ARM

$$66,645$

$$43,650$

$$38,560$

$5-$year ARM

$$62,857$

$$47,698$

$$42,726$

$25-$year Fixed

$$52,276$

$$52,276$

$$52,276$