post the link where i can see the excel file. 1. You...
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Finance
post the link where i can see the excel file.
1. You are considering taking out an adjustable rate mortgage (ARM) to finance your new home and have been given the following information by the bank: $250,000 house price . 80% Loan to Value 200 bps margin 2.5% LIBOR-Index for Year 1 Teaser Rate in Year 1-2% . Periodic Cap-1.5% . Life Cap-5% You also went on Bloomberg and found the following LIBOR Index projections for the next few years -3%-Index for Year 2 5%-Index for Year 3 6%-Index for Year 4 6.5%-Index for Year 5 Build out an amortization schedule for the first 5 years (60 months). Show all work/calculations in your Excel file to receive full credit
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