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Given the following information on a MPT, how much money is each individual investor receiving in year 5? Given the following information on a MPT,

image text in transcribedGiven the following information on a MPT, how much money is each individual investor receiving in year 5?

Given the following information on a MPT, how much money is each individual investor receiving in year 5? (Note: You can perform this calculation with the spreadsheet or by completing it iteratively.) 10 year FRM, fully amortizing, annual payments . No prepayment or default . 100 loans in the pool .Average starting balance of $350,000/loan Mortgage rate 5% (annual) Servicing fee of 0.5% of starting outstanding pool balance There are 40 investors with equal shares in the pool

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