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Problem 2. Suppose that you have a $500M agency MBS pass-through, with 360 WAM and 3.5% WAC. If the pass-through coupon is 3.2%, and assuming
Problem 2. Suppose that you have a $500M agency MBS pass-through, with 360 WAM and 3.5% WAC. If the pass-through coupon is 3.2%, and assuming 165 PSA, what would be the mortgage payment in the second month?
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