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Using the MBScf function, generate cash flows for the following pool Balance = 25,000,000 WAC = 4.5% WAM = 355 WALA (Age) = 5 Net=4%

Using the MBScf function, generate cash flows for the following pool

Balance = 25,000,000 WAC = 4.5% WAM = 355 WALA (Age) = 5

Net=4% assuming the following prepayment speeds: 100% PSA, 300% PSA, 500% PSA and 900% PSA.

What is the average life of the pool for each speed?

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