Question: Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through ( D ). Assume the four tranches get paid
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 \ ightarrow B \ ightarrow C \ ightarrow D \\). In this month tranche \\( A \\) has an outstanding balance of 63,000 and \\( B \\) has an outstanding balance of 45,000 . What is the principal payment towards tranche \\( B \\) in this month? Enter your answer in thousands of dollars, with no decimals. For example, if your answer is \\( \\$ 40,000 \\). then enter 40
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