Question
Speed-Line ABS is a securitised vehicle comprising of automotive loans. The investment bank marketing the deal has promoted the asset with a base-case CPR of
Speed-Line ABS is a securitised vehicle comprising of automotive loans. The investment bank marketing the deal has promoted the asset with a base-case CPR of 22%. Assuming this is an accurate measure, show the amortisation and bond factor for the vehicle over the next 6-months.
January February March Amortisation $ $650,000,000 Bond Factor % 0.0% April May June July
Step by Step Solution
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Step: 1
Given the BaseCase Conditional Prepayment Rate CPR of 22 we can compute the Amortization and Bond Fa...
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
