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Question 4 (3 marks): Using the information in the table below, derive the price of the following floating RMBS tranche. Assume that you can

Question 4 (3 marks): Using the information in the table below, derive the price of the following floating RMBS tranche. Assume that you can price the tranche as a fixed-rate bond: WAL Coupon Frequency RMBS Tranche 5 Years Monthly Yield to WAL 4.50% Quoted Margin 2.00% BBSW 1 Month 0.12% Face Value $100 Credit Rating AA-

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