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(1) based on the loan terms in the box (including prepayment/default/severity assumption) (2) Calculate the weighted avg life (WAL) (3) Calculate the price using a
| (1) based on the loan terms in the box (including prepayment/default/severity assumption) |
| (2) Calculate the weighted avg life ("WAL") |
| (3) Calculate the price using a 6% yield |
| (4) Calculate the lifetime projected cum loss |
| Balance | $1,000,000 | |
| Term (mo) | 360 | |
| Rate | 5.00% | |
| Origination Date | 6/1/2019 | |
| 1st Pmt Date | 7/1/2019 | |
| CPR | 10% | |
| CDR | 2.50% | |
| Severity | 50% | |
| Yield | 6.00% | |
| Weighted Avg Life | ? | |
| Price | ? | |
| Cumulative Loss | ? |
| Period | Date | Sched Principal | Unsched Principal | Total Princ. | Interest | Default | Loss | Default Recovery | Total Cashflow | Beginning Balance | Ending Balance | Time Fraction |
| 0 1 2 3 .. 360 |
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Income Tax Fundamentals 2019
Authors: Gerald E. Whittenburg, Steven Gill
37th Edition
1337703060, 1337673218, 9781337673211, 978-1337703062
