CHECK THE ANSWER BELOW AND TELL ME IF ITS RIGHT I NEED THE ANSWER IN THE SAME FORMAT BACK The Green Bank originates a pool of containing 100 30-year fixed-rate mortgages with loan amount of $250,000 each. All mortgages in the pool carry a rate of 6.5% with monthly payments. The servicing fee is 0.05% each month. The Green Bank would like to sell the pool to investors via IO/PO Strips. Suppose that they issue 150,000 shares of IO/PO Strips and the market interest rate is 6%. Assume that there are no prepayment and no default, how much an investor would like to pay for each share of the IO/PO Strips?

Discount rate	Value of IO Strip	Value of PO Strip
5.50%	$14.86	$2.80
6.50%	$12.61	$2.33
4.50%	$18.09	$3.52