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Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2 ? Round your answer to
Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2 ? Round your answer to two decimals. (Note: You can perform this calculation with the spreadsheet or by completing it iteratively) - 10 year FRM, fully amortizing, annual payments - 10% CPR assumption - 100 loans in the pool - Average starting balance of $350,000/ loan - Mortgage rate 5%, annual - No servicing/guarantee fees
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