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Please show formulas if using excel Complete the following table (in dollars) assuming a prepayment rate of 450 PSA for the following MBS pass-through: Original
Please show formulas if using excel
Complete the following table (in dollars) assuming a prepayment rate of 450 PSA for the following MBS pass-through: Original balance: $ 10,000,000 WAC: 7% (APR) WAM: 360 months No fee Mortgage Interest Scheduled Prepaid Total SMM Payment Payment Principal Principal Principal Payment Payment Payment Cash Flow Outstanding Month Principal at beg. of month 36 37 38 39 40Step by Step Solution
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