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please answer all questions Problem Set 3 Background Information In this question you will analyze a mortgage pool with 10 fixed-rate mortgages. Assume servicing fee
please answer all questions
Problem Set 3 Background Information In this question you will analyze a mortgage pool with 10 fixed-rate mortgages. Assume servicing fee of 0.5%. Mortgage Value $854,960 $863,157 $654,856 $1,547,833 $548,953 $763,245 $854,845 $958,495 Questions Maturity (years) 27 27 29 30 30 27 30 27 29 27 Interest Rate 6.58% 6.60% 6.92% 7.01% 6.96% 6.77% 7.00% 6.60% 6.84% 6.59% a) b) c) d) Calculate the weighted average maturity of the pool of mortgages. Calculate the weighted average interest rate of the pool of mortgages. Calculate the quoted maturity. Calculate the quoted coupon rate.
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