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Assume that you are considering purchasing a pass-through security, with the following characteristics. 354 25,000,000 5.400% PSA Principal Balance WAC Pass-Through Coupon Regular Payment Original

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Assume that you are considering purchasing a pass-through security, with the following characteristics. 354 25,000,000 5.400% PSA Principal Balance WAC Pass-Through Coupon Regular Payment Original term # of months remaining 5.150% 141,998.88 360 350 The price of the bond is $24,500,000. In your first month of ownership, what is the prepayment? Round your answer to the nearest dollar and DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS Assume that you are considering purchasing a pass-through security, with the following characteristics. 354 25,000,000 5.400% PSA Principal Balance WAC Pass-Through Coupon Regular Payment Original term # of months remaining 5.150% 141,998.88 360 350 The price of the bond is $24,500,000. In your first month of ownership, what is the prepayment? Round your answer to the nearest dollar and DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS

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