A CMO is being issued with 2 tranches: - Tranche A has $29 million in principal and a 3.8% coupon. - Tranche B has $14 million in principal and a 4.9% coupon. The mortgages backing the security issued are FRM at a mortgage rate of 3.8% with 10 year maturities and annual payments. There is no guarantee/servicer fee. Prepayment is assumed to be 5% CPR. What is the cash flow to Tranche A investors in year 1? Round your answer to two decimal points (e.g. if your answer is $45,666.6666, write 45666.67) A CMO is being issued with 2 tranches: - Tranche A has $29 million in principal and a 3.8% coupon. - Tranche B has $14 million in principal and a 4.9% coupon. The mortgages backing the security issued are FRM at a mortgage rate of 3.8% with 10 year maturities and annual payments. There is no guarantee/servicer fee. Prepayment is assumed to be 5% CPR. What is the cash flow to Tranche A investors in year 1? Round your answer to two decimal points (e.g. if your answer is $45,666.6666, write 45666.67)