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 in the

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 outstanding balance of 31,000. 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.

monthbeginning balancescheduled principal paymentPrepaymentInterest to MBS investors45$637,000$33,000$15,000$49,000

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