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Please explain the answer and provide the excel function Question 3: What price should Blue Algae obtain if the pool is carved into MPTS and

Please explain the answer and provide the excel function

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Question 3: What price should Blue Algae obtain if the pool is carved into MPTS and the investors require a 9% annual return after a monthy service fee of 0.1% is deducted (with no prepayment)? Payments from Borrowers Prepaid Service Principal Principal Fee Cash Flow to Investors Interest Pool Balance Required Return Price Month 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Question 3: What price should Blue Algae obtain if the pool is carved into MPTS and the investors require a 9% annual return after a monthy service fee of 0.1% is deducted (with no prepayment)? Payments from Borrowers Prepaid Service Principal Principal Fee Cash Flow to Investors Interest Pool Balance Required Return Price Month 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

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