5. State the formula for Class B principal due sequential in words and explain its meaning as...
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5. State the formula for Class B principal due sequential in words and explain its meaning as a string of conditional statements. Change the formula so that it is true for all subordinated tranches that rank sequentially.
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Related Book For 
Elements Of Structured Finance
ISBN: 9780195179989
1st Edition
Authors: Ann Rutledge, Sylvain Raynes
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