Question
Tranche Par Amount Coupon Rate A $194,500,000 7.5% B $36,000,000 7.5% FL $72,375,000 7.5% IFL $24,125,000 7.5% Z(Accrual) $73,000,000 7.5% The collateral for FL and
| Tranche | Par Amount | Coupon Rate |
| A | $194,500,000 | 7.5% |
| B | $36,000,000 | 7.5% |
| FL | $72,375,000 | 7.5% |
| IFL | $24,125,000 | 7.5% |
| Z(Accrual) | $73,000,000 | 7.5% |
The collateral for FL and IFL is the C tranche specified in Exhibit 12-4 on page 255. In a specific month, the balance for tranche C is USD 5,747,754. We know that the payment to the principal is USD 3,057,282, and the interest payment is USD35,923. The annualized 1-month LIBOR rate for that month is 4%. Compute the principal and coupon payments to FL and IFL in that month.
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Nasdaq And Us30 Ultimate Day Trading Strategy
Authors: James Jecool King
1st Edition
979-8367719499
