Calculate the value of (a) the mortgage pool and (b) the GNMA pass-through security in Problem 9

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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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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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