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Given the following information about a CMO: - $3 million of mortgage pool principal assigned to the floater class. $14 million assigned to the inverse

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Given the following information about a CMO: - $3 million of mortgage pool principal assigned to the floater class. $14 million assigned to the inverse floater class. - Floater class coupon rule: LIBOR +0.2% Inverse floater class coupon rule: 12.5% - LX LIBOR - LIBOR in the first month is 3% What is the coupon leverage L? Round your answer to two decimal points (e.g. If your answer is 1/3, write 0.33). Given the following information about a CMO: - $3 million of mortgage pool principal assigned to the floater class. $14 million assigned to the inverse floater class. - Floater class coupon rule: LIBOR +0.2% Inverse floater class coupon rule: 12.5% - LX LIBOR - LIBOR in the first month is 3% What is the coupon leverage L? Round your answer to two decimal points (e.g. If your answer is 1/3, write 0.33)

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