Question: Question 3 3 1 pts Given a hypothetical constant payment mortgage in the amount of $ 1 , 0 0 0 , 5 - year

Question 33
1 pts
Given a hypothetical constant payment mortgage in the amount of $1,000,5-year term, 6.5% interest rate, and annual payment, the holder of the mortgage wants to create a single pair of IO/PO strips from this mortgage. Assuming there is no prepayment, no default, and no service fees, what are the cash flows an I/O investor will receive for year 1-3, respectively?
62.1,55.2,44.7
65.0,55.8,43.2
67.4,53.6,45.1
65.0,53.6,41.4
Question 3 3 1 pts Given a hypothetical constant

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