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ACMO is being issued with 2 tranches Tranche A has 558 million in principal and a 3.79 coupon Tranche B has 512 million in principal

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ACMO is being issued with 2 tranches Tranche A has 558 million in principal and a 3.79 coupon Tranche B has 512 million in principal and a 5.8% coupon The mortgages backing the security issued are FRM at a mortgage rate of 5.5% with 10 year maturities and annual payments, There is no guarantee/servicer fee. Prepayment is assumed to be 5% CPR What is the dollar amount of prepayments in year 1? Round your answer to two decimal points (eg if your answer is $4,566.6666 write 4566 67

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