Question: A three-class sequential pay CMO has an initial principal balance of $30 million per class. In the first month, interest payments of $5 million and

A three-class sequential pay CMO has an initial principal balance of $30 million per class. In the first month, interest payments of $5 million and principal payments of $2 million are received. In the second month, Class A holders receive interest on ________ principal and Class B holders receive interest on ________ principal.

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