Question: Please explain the answer and provide the excel function Question 4: What price should Blue Algae obtain if the pool is carved into MPTS and

Please explain the answer and provide the excel function

Please explain the answer and provide the excel function Question 4: What

Question 4: What price should Blue Algae obtain if the pool is carved into MPTS and the investors require a 9% annual return after a monthy service fee of 0.1% is deducted and the monthly prepayment rate is 0.1%? Payments from Borrowers Prepaid Service Principal Principal Fee Cash Flow to Investors Interest Pool Balance Required Return Price Month 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Question 4: What price should Blue Algae obtain if the pool is carved into MPTS and the investors require a 9% annual return after a monthy service fee of 0.1% is deducted and the monthly prepayment rate is 0.1%? Payments from Borrowers Prepaid Service Principal Principal Fee Cash Flow to Investors Interest Pool Balance Required Return Price Month 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

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