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PLEASE SHOW EXCEL WORK! THANK YOU Assume the single month mortality rate of a mortgage (and the MBS) is 0.025 in the first month. We
PLEASE SHOW EXCEL WORK! THANK YOU
Assume the single month mortality rate of a mortgage (and the MBS) is 0.025 in the first month. We also have the following data regarding the MBS: Original balance: $10,000,000 Pass-through rate: 8.0% WAM: 180 months WAC: 9.0% What is the prepayment in the first month of the MBS? Assume the single month mortality rate of a mortgage (and the MBS) is 0.025 in the first month. We also have the following data regarding the MBS: Original balance: $10,000,000 Pass-through rate: 8.0% WAM: 180 months WAC: 9.0% What is the prepayment in the first month of the MBSStep by Step Solution
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