Question: 5 MOVIEWS Question 23 4 points Save Answ ACMO has been issued with 3 tranches and a residual. At origination: Tranche A investors Own 555

5 MOVIEWS Question 23 4 points Save Answ ACMO has been issued with 3 tranches and a residual. At origination: Tranche A investors Own 555 million of principal with a coupon rate of 3.50%. Tranche investors own 58 million of principal with a coupon rate of 3.70%, Tranche investors own 511 million of principal with a coupon rate of 4,50% The residual carries $1 million and receives all residual payments. Mortgages Backing the security issued are fully amortizing fixed rate with mortgage rate of 450 with 20 year maturities and monthly payments. Assume no servicing/guarantee fee and no prepayments. What is the mortgage pool's starting balance at origination round your answers to cents (eg. If your answer is $56000.0444, write 56000.041 5 MOVIEWS Question 23 4 points Save Answ ACMO has been issued with 3 tranches and a residual. At origination: Tranche A investors Own 555 million of principal with a coupon rate of 3.50%. Tranche investors own 58 million of principal with a coupon rate of 3.70%, Tranche investors own 511 million of principal with a coupon rate of 4,50% The residual carries $1 million and receives all residual payments. Mortgages Backing the security issued are fully amortizing fixed rate with mortgage rate of 450 with 20 year maturities and monthly payments. Assume no servicing/guarantee fee and no prepayments. What is the mortgage pool's starting balance at origination round your answers to cents (eg. If your answer is $56000.0444, write 56000.041

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