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A bank pools 50 mortgages into an MBS. The 15-year, 9% mortgages are $100,000 each. Payments are due monthly (there are 180 monthly payments) What

A bank pools 50 mortgages into an MBS. The 15-year, 9% mortgages are $100,000 each. Payments are due monthly (there are 180 monthly payments) What is the monthly payment on the MBS? $50,459 O $49,237 $50,713 $51,200

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