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Suppose that there are 3 different mortgages of $100 million, $150 million, and $200 million respectively in a mortgage pool. The remaining maturities are 200
Suppose that there are 3 different mortgages of $100 million, $150 million, and $200 million respectively in a mortgage pool. The remaining maturities are 200 months, 240 months, and 320 months. What is the weighted average maturity (WAM)? (SHOW ON EXCEL)
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