Given the following information about a CMO:

- 6 million of mortgage pool principal assigned to the floater class. 4 million assigned to the inverse floater class.

- Floater class coupon rule: LIBOR + 0.2%

- Inverse floater class coupon rule: 12.5% - L x LIBOR

- LIBOR in the first month is 3%

What is the coupon leverage L?

		6
		1.50
		4
		0.66