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Consider a pool of mortgages with the following characteristics What are the quarterly mortgage payments, interest and principal payments over the first year of life

Consider a pool of mortgages with the following characteristics
What are the quarterly mortgage payments, interest and principal
payments over the first year of life of the pool?

Pool Size $	375,000,000
Coupon (%)	5%
Term (Yrs)	30

PLEASE USE EXCEL AND SHOW ALL FORMULAS

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