Question: A certain mortgage pool has $900 million in par value. The senior (A) tranche has 25% credit support, and the next level (B) has 15%

A certain mortgage pool has $900 million in par value. The senior (A) tranche has 25% credit support, and the next level (B) has 15% credit support.

Unsaved How much par value of securities was issued in the A tranche? Question options:

$600 million.

$650 million

$675 million

$620 million

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