Question
What is the market value (clean price) of an 8% MBS issue backed by a mortgage pool with an original par value of $100 million,
What is the market value (clean price) of an 8% MBS issue backed by a mortgage pool with an original par value of $100 million, if its price is quoted at 105-16 with a pool factor of .95?
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
