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ACMO has been issued with 3 tranches and a residual. At origination Tranche A investors own $49,340,351 of principal with a coupon rate of 3.50%.

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ACMO has been issued with 3 tranches and a residual. At origination Tranche A investors own $49,340,351 of principal with a coupon rate of 3.50%. - Tranche B investors own $5,249,818 of principal with a coupon rate of 3.70%. - Tranche Zinvestors own $6,211,290 of principal with a coupon rate of 4.50% The residual carries $1 million and receives all residual payments. Mortgages backing the security issued are fully amortizing fixed rate with mortgage rate of 4.50% with 30 year maturities and monthly payments. Assume no servicing/guarantee fee and no prepayments. What is balance on tranche Bat the end of the first month (same as the balance at beginning of the second month)? Round your answers to centste.g. if your answer is $56000.0444, write 56000.04). ACMO has been issued with 3 tranches and a residual. At origination Tranche A investors own $49,340,351 of principal with a coupon rate of 3.50%. - Tranche B investors own $5,249,818 of principal with a coupon rate of 3.70%. - Tranche Zinvestors own $6,211,290 of principal with a coupon rate of 4.50% The residual carries $1 million and receives all residual payments. Mortgages backing the security issued are fully amortizing fixed rate with mortgage rate of 4.50% with 30 year maturities and monthly payments. Assume no servicing/guarantee fee and no prepayments. What is balance on tranche Bat the end of the first month (same as the balance at beginning of the second month)? Round your answers to centste.g. if your answer is $56000.0444, write 56000.04)

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