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A $150 million pool of 15-year mortgages has a weighted average coupon of 3.5% per year, and pass-through securities backed by the pool have a

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A $150 million pool of 15-year mortgages has a weighted average coupon of 3.5% per year, and pass-through securities backed by the pool have a coupon of 3.0% per year. Guarantee and service fees are 0.5% per year of the pool principal balance at the beginning of each month. The pool has mortgages with $73 million of principal outstanding at the beginning of the month. During the month, payments for scheduled principal, interest, and prepaid principal total $1,096,764. If you bought securities with $150,000 of par value when they were issued, what amount will you receive for the month? OA) $1,066.35 OB) $1,126.08 OC) $1,119.56 OD) $1,101.22 O E) $1,083.04

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