Question $1$ Given the following information on a MPT$,$ what is the anticipated total cash flow available

to investors in year $2?$ Round your answer to two decimals. $($Note: You can perform this calculation with the spreadsheet or by completing it iteratively$)$

$10$ year FRM$,$ fully amortizing, annual payments

$10\%$ CPR assumption

$100$ loans in the pool

$$ Average starting balance of $$350,000/$loan

$$ Mortgage rate $5\%,$ annual

$$ No servicing$/$guarantee fees

$$ Use the Excel template that is part of the assignment to answer this question.