Question
what is the scheduled P & I payment of a residential mortgage with an initial principal balance of $200,000, a coupon rate of 7.20%, and
what is the scheduled P & I payment of a residential mortgage with an initial principal balance of $200,000, a coupon rate of 7.20%, and a maturity of 15 years? What will be the remaining balance after two years ?
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
