A collateralized mortgage obligation (CMO) is constructed using a large pool of mortgages as collateral. It has three tranches. Tranche A has a face value of \$94 million and pays 6 percent annually. Tranche B has a face value of $119 million and pays 9 percent annually. Tranche C has a face value of $93 million and pays 9 percent annually. What is the annual coupon payment promised to tranche B? (Assume no prepayments and nonamortization of principal.) (Enter your answers in dollars, not in millions, e.g. one million should be entered as 1,000,000 not as 1, and round your answers to the nearest dollar. Negative amounts should be indicated by a minus sign where applicable.) Answer: If at the end of the first year, the CMO trustee receives total cash flows of $45 million, what are the total cash flows to tranche A? (Enter your answers in dollars, not in millions, e.g. one million should be entered as 1,000,000 not as 1, and round your answers to the nearest dollar. Negative amounts should be indicated by a minus sign where applicable.)