Question: need help on #4 please include all excel formulas Question 4: What price should Btue Algae ohtain if the pool is carved into MPTS and
Question 4: What price should Btue Algae ohtain if the pool is carved into MPTS and the investors require a 995 annual return after in monthy service fee of 0.196 is deducted and the monthly prepayment rate is 0.1% ? The Blue Algae Mortgage Company has originated a pool containing 75 ten-year fixed rate mortgages with an average balance of $100,000 each with 1% origination fee. The annual interest rate on all loans in the pool is 12% and all loans require monthly payments
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