Question
For collateralized mortgage obligations, we assume that it is made of three tranches which are class A, class B, and Z bond. To complete the
For collateralized mortgage obligations, we assume that it is made of three tranches which are class A, class B, and Z bond. To complete the mortgage amortization schedule, how to generate the tranche of Z bond? Please show excel examples and formulas.
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Monetary Policy Strategy
Authors: Frederic S. Mishkin
1st Edition
0262513374, 978-0262513371
