Question: Below is a cash flow projection on a sequential - pay CMO, which has four tranches, A through D . Assume the four tranches get

Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through D. Assume the four tranches get paid in the order of A->B->C->D. In this month tranche A has an outstanding balance of 64,000 and B has an outstandin

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