Question: Question 3 9 pts Assume that you are considering purchasing a pass-through security, with the following characteristics. PSA 288 Principal Balance 25,000,000 WAC 5.400% 5.150%

Question 3 9 pts Assume that you are considering purchasing a

Question 3 9 pts Assume that you are considering purchasing a pass-through security, with the following characteristics. PSA 288 Principal Balance 25,000,000 WAC 5.400% 5.150% Pass-Through Coupon Regular Payment Original term # of months remaining 141,998.88 360 350 The price of the bond is $24,500,000. In your first month of ownership, what is the prepayment? Round your answer to the nearest dollar and DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS. Question 3 9 pts Assume that you are considering purchasing a pass-through security, with the following characteristics. PSA 288 Principal Balance 25,000,000 WAC 5.400% 5.150% Pass-Through Coupon Regular Payment Original term # of months remaining 141,998.88 360 350 The price of the bond is $24,500,000. In your first month of ownership, what is the prepayment? Round your answer to the nearest dollar and DO NOT ROUND YOUR INTERMEDIATE CALCULATIONS

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