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QUESTION 9 BOA originates 15 Fully Amortizing Fixed Rate non-recounte Mortgages each has a 5120 balano, 12% interest rate (no fos), 2.year term, and payments

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QUESTION 9 BOA originates 15 Fully Amortizing Fixed Rate non-recounte Mortgages each has a 5120 balano, 12% interest rate (no fos), 2.year term, and payments BOA immediately s 10 and PO strips backed by the pool of these mortgages and sells them to levestors who discount payoffset What is the value of the mortgage pool, according to investors? 1240 1860 1980 2480 3660

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