Question: 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
QUESTION 1
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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) (Write the exact answer and answer is NOT 7123932.73)
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
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