Question: Consider a $200 million pass-through backed by FRMs with a WAC rate of 7.75%, pass-through rate of 7.0% and WAM of 358 months. In Month

Consider a $200 million pass-through backed by FRMs with a WAC rate of 7.75%, pass-through rate of 7.0% and WAM of 358 months. In Month 1, the pass-through will pay the interest amount of

Question 4 options:

$1,166,667

$1,291,667

$1,375,000

$1,416,667

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