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3. Suppose that 10% coupon pass-throughs are stripped into two classes. Class X-1 receives 80% of the principal and 10% of the interest. Class X-2

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3. Suppose that 10% coupon pass-throughs are stripped into two classes. Class X-1 receives 80% of the principal and 10% of the interest. Class X-2 receives 20% of the principal and 90% of the interest. Answer the below questions (a) What type of MBS would this beExplain (b) What is the synthetic coupon rate on Class X-12show calculation (c) What is the synthetic coupon rate on Class X-22show calculation

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