In this question you will analyze a mortgage pool with 10 fixed-rate mortgages. Assume servicing fee...

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In this question you will analyze a mortgage pool with 10 fixed-rate mortgages. Assume servicing fee of 0.5%. Mortgage Value Maturity (years) Interest Rate $1,337,653 $854,960 $863,157 29 $654,856 $1,547,833 $548,953 $763,245 $854,845 $1,243,858 $958,495 2223323282 27 27 6.58% 6.60% 6.92% 30 7.01% 30 6.96% 27 6.77% 30 7.00% 27 6.60% 29 6.84% 27 6.59% Questions a) Calculate the weighted average maturity of the pool of mortgages. b) Calculate the weighted average interest rate of the pool of mortgages. c) Calculate the quoted maturity. d) Calculate the quoted coupon rate. In this question you will analyze a mortgage pool with 10 fixed-rate mortgages. Assume servicing fee of 0.5%. Mortgage Value Maturity (years) Interest Rate $1,337,653 $854,960 $863,157 29 $654,856 $1,547,833 $548,953 $763,245 $854,845 $1,243,858 $958,495 2223323282 27 27 6.58% 6.60% 6.92% 30 7.01% 30 6.96% 27 6.77% 30 7.00% 27 6.60% 29 6.84% 27 6.59% Questions a) Calculate the weighted average maturity of the pool of mortgages. b) Calculate the weighted average interest rate of the pool of mortgages. c) Calculate the quoted maturity. d) Calculate the quoted coupon rate.