Programming Assignment 29.1.16 Implement the algorithm in Fig. 29.12 for the cash flows of a four-tranche sequential
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Programming Assignment 29.1.16 Implement the algorithm in Fig. 29.12 for the cash flows of a four-tranche sequential CMO with a Z tranche. Assume that each tranche carries the same coupon rate as the underlying pool’s mortgage rate. Figures 29.13 and 29.14 plot the cash flows and remaining principal balances of one such CMO.
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Financial Engineering And Computation Principles Mathematics Algorithms
ISBN: 9780521781718
1st Edition
Authors: Yuh-Dauh Lyuu
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