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(10 pts.) 7. Assume you purchase the following pass through mortgage-backed security. PSA Principal Balance WAC Pass-Through Coupon Regular Payment Original term # of months
(10 pts.) 7. Assume you purchase the following pass through mortgage-backed security. PSA Principal Balance WAC Pass-Through Coupon Regular Payment Original term # of months remaining 250 3,000,000 3.400% 2.900% $13,615.39 360 346 a. Fill in the missing fields in the chart below for the next month for the bond. Use 6 digits for SMM Month Period Regular Total Service Interest Principal Prepymt Principal Fee Ending Balance CPR Beg Bal 2,500,000 SMM | Payment 13,615.39 1 (10 pts.) 7. Assume you purchase the following pass through mortgage-backed security. PSA Principal Balance WAC Pass-Through Coupon Regular Payment Original term # of months remaining 250 3,000,000 3.400% 2.900% $13,615.39 360 346 a. Fill in the missing fields in the chart below for the next month for the bond. Use 6 digits for SMM Month Period Regular Total Service Interest Principal Prepymt Principal Fee Ending Balance CPR Beg Bal 2,500,000 SMM | Payment 13,615.39 1
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