Question
Assume that you borrow a 30-year mortgage loan of $300,000. The mortgage rate is 8%. Prepayments follow the 150PSA. What is the scheduled mortgage payment
Assume that you borrow a 30-year mortgage loan of $300,000. The mortgage rate is 8%. Prepayments follow the 150PSA.
What is the scheduled mortgage payment in the first month?
Group of answer choices
345.78
None
28022
233.05
201.29
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High Frequency Financial Econometrics
Authors: Yacine Aït Sahalia, Jean Jacod
1st Edition
0691161437, 978-0691161433
