A CMO is created with one Floater and one Inverse Floater class. The CMO is backed by a mortgage pool of which, at origination, the Floater class holds 90 million in principal and the Inverse Floater class holds 70 million in principal. At origination, the floater class has a coupon rate of 6% and the inverse floater class has a coupon rate of 3%. What is the collateral's coupon rate (the mortgage pool's WAC)
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 14:20, demetriascott20
Xt year baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. this incentive will be provided in addition to the annual raise, if productivity goals are reached. assuming the goals are reached, how much will baldwin pay its employees per hour?
Answers: 2
Business, 22.06.2019 10:20, Sparkledog
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
Do you know the correct answer?
A CMO is created with one Floater and one Inverse Floater class. The CMO is backed by a mortgage poo...
Questions in other subjects:
Mathematics, 17.12.2021 01:00
Mathematics, 17.12.2021 01:00
History, 17.12.2021 01:00
Mathematics, 17.12.2021 01:00
