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JUST POST ANSWER DONT NEED STEPS (This will be faster and ill give thumbsup) Question 27 (1 point) Consider the following pool of mortgages: Loan

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JUST POST ANSWER DONT NEED STEPS (This will be faster and ill give thumbsup)

Question 27 (1 point) Consider the following pool of mortgages: Loan 1 Outstanding Mortgage Balance Mortgage Rate Month Remaining $415,000 6.50% 200 $485,000 7.75% 325 $325,000 5.25% 192 2 3 4 $675.000 $825,000 7.00% 4.75% 300 350 What is the weighted average coupon (WAC) of this pool? 6.53% 6.88% 6.17% 7.02% 5.26%

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