Question: 4 . Consider a $ 5 0 0 million pass - through backed by FRMs with a WAC rate of 5 . 5 % ,
Consider a $ million passthrough backed by FRMs with a WAC rate of passthrough rate of and WAM of months.
a points What is the interest amount the passthrough will pay in month
b points What is the scheduled principal payment in Month by the passthrough?
c points Assuming PSA, what is the SMM in Month for the passthrough?
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