Consider the following CMO structure backed by 6% collateral:

Tranche Par Amount Notional Amount Coupon Rate

A $250,000,000 4.50%

B $200,000,000 4.75%

C $150,000,000 5.25%

D $100,000,000 5.75%

IO ? 6.00%

What is the notional amount of the IO tranche?

Question 8 options:

	$75,500,000
	$97,666,666
	$108,333,333
	$125,500,000