Question: please do it step by step on excel - Imagine that you have $10,000,000 of notional principal from which floater and inverse floater securities will

please do it step by step on excel
- Imagine that you have $10,000,000 of notional principal from which floater and inverse floater securities will be created. The underlying mortgages have a WAC of 5%. If the payment rule to the floater class is SOFR+0.6\% and $6M is the principal balance allocated to the floater class: - If SOFR is currently at 3%, what is the payment to the inverse floater class
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