Assume that you are considering purchasing a pass-through security, with the following characteristics. PSA 469 Principal...
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Assume that you are considering purchasing a pass-through security, with the following characteristics. PSA 469 Principal Balance 25,000,000 WAC 5.400% Pass-Through Coupon Regular Payment Original term # of months remaining 5.150% 141,998.88 360 350 The price of the bond is $24,500,000. In your first month of ownership, what is the prepayment? Ro your answer to the nearest dollar and DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS. Assume that you are considering purchasing a pass-through security, with the following characteristics. PSA 469 Principal Balance 25,000,000 WAC 5.400% Pass-Through Coupon Regular Payment Original term # of months remaining 5.150% 141,998.88 360 350 The price of the bond is $24,500,000. In your first month of ownership, what is the prepayment? Ro your answer to the nearest dollar and DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS.
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Prepayment 25000000 5150 12 1 1 1 1 1 5400 123501 469 Prepayment 250000... View the full answer
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