Calculate the value of (a) the mortgage pool and (b) the GNMA pass-through security in Problem 9
Question:
Calculate the value of
(a) the mortgage pool and
(b) the GNMA pass-through security in Problem 9 if market interest rates increase 50 basis points. Assume no prepayments.
AppendixLO1
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Related Book For
ISE Financial Markets And Institutions
ISBN: 9781265561437
8th International Edition
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
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