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Given the following information about a CMO: $52 million of mortgage pool principal assigned to the floater class. $18 million assigned to the inverse floater

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Given the following information about a CMO: $52 million of mortgage pool principal assigned to the floater class. $18 million assigned to the inverse floater class. - Floater class coupon rule: LIBOR + 0.295 - Inverse floater class coupon rule: 12.5% - L x LIBOR - LIBOR in the first month is 396 What is the WAC coupon rate of the underlying collateral pool? Round your answer to three decimal points (e.g. if your answer is 5.1%, write 0.051). Given the following information about a CMO: $52 million of mortgage pool principal assigned to the floater class. $18 million assigned to the inverse floater class. - Floater class coupon rule: LIBOR + 0.295 - Inverse floater class coupon rule: 12.5% - L x LIBOR - LIBOR in the first month is 396 What is the WAC coupon rate of the underlying collateral pool? Round your answer to three decimal points (e.g. if your answer is 5.1%, write 0.051)

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