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Consider a MPT created from the above pool of loans. If these loans are all fully amortizing FRMs , what is the WAC? Assume the

Consider a MPT created from the above pool of loans. If these loans are all fully amortizing FRMs, what is the WAC? Assume the loans are not seasoned before they are securitized. Do not round your answer until the end; then round your answer to 2 decimal places. What is the WAM (expressed in months)?********Now imagine that these loans whose origination values are listed above are seasoned for 24 months before creating a MPT. What is the starting pool balance? Assume that all loans are fixed rate, fully amortizing and make monthly payments. Additionally, assume that in the time period between origination and securitization every borrower makes exactly their scheduled payment (no prepayments, no defaults). Express your answer in dollars rounded to the nearest cent, if necessary. (Hint: calculate balance outstanding on each segment of the pool after making 24 payments.)\table[[\table[[Number of],[Loans]],Average Prinicipal,\table[[Interest],[Rate]],Maturity (in],[- Balance,,- Months),grad
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