Question
Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2? 10 year FRM, fully amortizing,
Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2?
10 year FRM, fully amortizing, annual payments.
No prepayment
100 loans in the pool
Average starting balance of $350,000/loan
Mortgage rate 5%
0.5%Servicing fee
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
