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Use Excel and show excel formulas used to solve the following problem: Stratify the mortgages below for a deal coupon of 3.5%. What is the
- Use Excel and show excel formulas used to solve the following problem:
-
- Stratify the mortgages below for a deal coupon of 3.5%.
- What is the face value of the WAC PO, and what is the deal face?
- What is the (initial) notional principal of the WAC IO, and what is its (initial) coupon rate?
- Stratify the mortgages below for a deal coupon of 3.5%.
- What is the face value of the WAC PO, and what is the deal face?
- What is the (initial) notional principal of the WAC IO, and what is its (initial) coupon rate?
| Coupon % | Net Note Rate % | Cohort Bal ($mln) |
| 3.685 | 3.4185 | 70 |
| 3.75 | 3.4816 | 120 |
| 3.875 | 3.613 | 130 |
| 4.00 | 3.7610 | 60 |
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Cost Accounting For Managerial Planning Decision Making And Control
Authors: Andrew Schiff, Hsihui Chang, Woody M Liao, James L Boockholdt
5th Edition
0759340412, 978-0759340411
