A mortgage pass-through security is comprised of the following pool of mortgages. Find the weighted average...

 

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A mortgage pass-through security is comprised of the following pool of mortgages. Find the weighted average coupon, weighted average maturity, stated maturity, and stated coupon rate. There is a 0.5% servicing fee. $150,000 in 7% mortgages with 27 years remaining $250,000 in 7.5% mortgages with 28 years remaining $300,000 in 8% mortgages with 29 years remaining $300,000 in 7.5% mortgages with 30 years remaining A mortgage pass-through security is comprised of the following pool of mortgages. Find the weighted average coupon, weighted average maturity, stated maturity, and stated coupon rate. There is a 0.5% servicing fee. $150,000 in 7% mortgages with 27 years remaining $250,000 in 7.5% mortgages with 28 years remaining $300,000 in 8% mortgages with 29 years remaining $300,000 in 7.5% mortgages with 30 years remaining

Answer rating: 100% (QA)

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