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If a mortgage pool consists of five 8% FRMs totaling $800,000, five 7% FRMs totaling $600,000, and ten 6% FRMs totaling $900,000, what is the
If a mortgage pool consists of five 8% FRMs totaling $800,000, five 7% FRMs totaling $600,000, and ten 6% FRMs totaling $900,000, what is the weighted average coupon (WAC) rate?
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