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Sow Question 29 4 points Consider a CMO with interest Only co) and Principat Only Poj tranches that is backed by a pool of $5,000,000

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Sow Question 29 4 points Consider a CMO with interest Only co) and Principat Only Poj tranches that is backed by a pool of $5,000,000 fully amortining mortgages Mortgages are faced rate at with 4 year maturity and annual payments Suppose that the market rate for comparable securities is S. Suppose that no prepayment is expected and there are no servicing fees. How much should the investors value the Po secunny? Use the amortization table below and round your answer to two decimal points (eg your answer is 31.2345678901.write 1234567.00 LOAN SCHEDULE FOR MORTGAGE POOL Year Beg. Bal Sch. Payment Sch. Interest Sch. Principal End Bal N 1 2 3 4 $ $ $ $ 5,000,000 $ 3,906,657 $ 2,714,912 $ 1,415,911 $ 1,543,343 $ 450,000 $ 1,093,343 $ 3,906,657 1,543,343 $ 351,599 $ 1,191,744 $ 2,714,912 1,543,343 $ 244,342 $ 1,299,001 $ 1,415,911 1,543,343 $ 127,432 $ 1,415,911 $ Sow Question 29 4 points Consider a CMO with interest Only co) and Principat Only Poj tranches that is backed by a pool of $5,000,000 fully amortining mortgages Mortgages are faced rate at with 4 year maturity and annual payments Suppose that the market rate for comparable securities is S. Suppose that no prepayment is expected and there are no servicing fees. How much should the investors value the Po secunny? Use the amortization table below and round your answer to two decimal points (eg your answer is 31.2345678901.write 1234567.00 LOAN SCHEDULE FOR MORTGAGE POOL Year Beg. Bal Sch. Payment Sch. Interest Sch. Principal End Bal N 1 2 3 4 $ $ $ $ 5,000,000 $ 3,906,657 $ 2,714,912 $ 1,415,911 $ 1,543,343 $ 450,000 $ 1,093,343 $ 3,906,657 1,543,343 $ 351,599 $ 1,191,744 $ 2,714,912 1,543,343 $ 244,342 $ 1,299,001 $ 1,415,911 1,543,343 $ 127,432 $ 1,415,911 $

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