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What is the Weighted Average Maturity (WAM) in months for the pool of mortgages listed in the table below? Round your answer to the nearest
What is the Weighted Average Maturity (WAM) in months for the pool of mortgages listed in the table below? Round your answer to the nearest full month. Mortgage balance Mortgage rate Months remaining 351 Weight in pool $250,000 3.25% 9.22% $322,150 3.30% 352 11.89% $398,676 3.15% 350 14.71% $196,789 3.00% 348 7.26% $205,600 3.50% 355 7.59% $219,887 3.25% 352 8.11% $299,888 3.45% 355 11.07% $301,011 3.35% 350 11.11% $340,670 3.45% 350 12.57% $175,456 3.10% 352 6.47% O A. 353 OB.354 O C.351
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