Question: need help with #2 please include excel formulas Qurctien 2t. What price thould Blue Algace obtain if the peet is sold imenediately to an investor
Qurctien 2t. What price thould Blue Algace obtain if the peet is sold imenediately to an investor with a required anenat return of 1105 aad the menthly prepayment rate is 0.1907 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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