An MBS has the following characteristics for the current month:

$\backslash$table$[[\backslash$table$[[$Beginning principal$],[$outstanding $($Mililons$)]],746],[$WAC $(96$ APR$),5\mathrm{.}97],[$Pass through rate $(\%$ APR$),5\mathrm{.}5],[\backslash$table$[[$SMM $($single monthly mortality$)],[(\%)]],0\mathrm{.}193],[\backslash$table$[[$Expected total mortgage$],[$payment $($Millions$)]],5\mathrm{.}8]]$

What is the scheduled principal repayment this month?

Enter answer in millions.

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orrect Answer

$2\mathrm{.}09$ margin of error $\frac{+}{.}1\%$