Calculate the value of (a) the mortgage pool and (b) the GNMA pass-through security in Problem 8
Question:
Calculate the value of
(a) the mortgage pool and
(b) the GNMA pass-through security in Problem 8 if market inter- est rates increase 50 basis points. Assume no prepayments. (LG 24-4)
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Related Book For
Financial Markets And Institutions
ISBN: 9780078034664
5th Edition
Authors: Anthony Saunders, Marcia Cornett
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