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Question 23 UNT Bank originated > pool of containing 100 three-year fixed-rate mortgages with loan amount of $200,000 each. All mortgages in the pool carry

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Question 23 UNT Bank originated > pool of containing 100 three-year fixed-rate mortgages with loan amount of $200,000 each. All mortgages in the pool carry a rate of 6.5% with annual payments. The guarantee and servicing fee is 1%. UNT Bank would like to sell the pool to investors via Mortgage Pass Through (MPT) security. Suppose that 150,000 shares will be issued. It market interest rate is 4.5%, what is the price for each share of MPT security? $16335 513586 514532 517576 Precious Next >

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