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
Another question on Business
Business, 22.06.2019 03:00
Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors
Answers: 3
Business, 22.06.2019 10:00
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?
Answers: 1
Business, 22.06.2019 11:00
Which ranks these careers that employers are most likely to hire from the least to the greatest?
Answers: 2
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
You know the right answer?
A CMO is created with one Floater and one Inverse Floater class. The CMO is backed by a mortgage poo...
Questions
Mathematics, 18.11.2020 21:30
Mathematics, 18.11.2020 21:30
History, 18.11.2020 21:30
Mathematics, 18.11.2020 21:30
Mathematics, 18.11.2020 21:30
Mathematics, 18.11.2020 21:30
Mathematics, 18.11.2020 21:30
