Question 11 is what I want previous ones are for refrence

QUESTION 9 BOA originates 15 Fully Amortizing Fixed Rate non-recourse Mortgages, each has a $120 balance, 12% interest rate (no fees), 2-year term, and annual payments. BOA immediately issues IO and PO strips backed by the pool of these mortgages and sells them to investors who discount payoffs at 5%. What is the value of the mortgage pool, according to investors? 1240 O 1860 O 1980 2480 3660 QUESTION 10 What is the value of all IO strips? 180 QUESTION 11 For the next three questions, assume the expected prepayment rate in year 1 is 30%. What would be the value of all IO strips in this case? Pick the closest number. 200 250 300 O 350 400