You have a choice between the following two identical properties: Property A is priced at $154,800 with 80 percent financing at a 10.5 percent interest rate for 20 years. Property B is priced at $164,800 with an assumable mortgage of $100,000 at 9 percent interest with 20 years remaining. Monthly payments are $899.73. A second mortgage for $23,200 can be obtained at 13 percent interest for 20 years. All loans require monthly payments and are fully amortizing.Required:What is the return to the borrower on the additional $100,000 down payment for Alternative B? Which alternative is more desirable?If the seller of Alternative B provided a second mortgage for $23,200 at 9 percent, what would be the return to the borrower on the additional $100,000 down payment? Which alternative is more desirable?If the seller of Property B provided a second mortgage for $33,200 at 9 percent such that no additional down payment is required, which alternative is more desirable?