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Ahmed is purchasing a home worth $669700 and is financing the purchase with a 30 -year, fixed rate, fully amortizing loan at 90% LTV with

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Ahmed is purchasing a home worth $669700 and is financing the purchase with a 30 -year, fixed rate, fully amortizing loan at 90% LTV with 2.6% interest. What will be Ahmed's monthly payments? Round your answer to the nearest cent (e.g. If your answer is $1,000.567, enter 1000.57 ). QUESTION 14 Consider the following pool of mortgages: - 100 mortgages each with initial balance of $221088, interest rate 3.4%, issued for 30 years with monthly payments - 80 mortgages each with initial balance of $389991, interest rate 2.5%, issued for 15 years with monthly payments What is the Weighted Average Coupon (WAC) for this pool at origination? Express your answer as a rate rounded to 2 decimal points (e.g. if your answer is 5.112%, write 5.11 )

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