Question 5 (2 marks): Given the following information about the CPR for the RMBS, derive the SMMR and estimate the next five months' worth of amortisation for the pool. Enter your answer rounded to the closest integer - no decimal places are necessary Hamid Bank RMBS CPR 23.5% SMMR ? $200,000,000 Original Pool Value January 2020 February 2020 March 2020 $200,000,000 April 2020 May 2020 June 2020 ? ? Question 6 (6 marks): With reference to the fundamental analysis taught in the lecture - Which RMBS tranche is the riskier option? Ensure you discuss each element provided below and contrast between the two assets. ROCKSTAR RMBS 2019 SUPERSTAR RMBS 2019 55% 75% 20% Interest only loans Owner occupied loans CPR Aggregate Arrears-90+ Seasoning Tranche subordination 60% 70% 19% 0.65% 0.95% 4 Years 2 Years 45% 30% Geographic breakdown 50% 40% 30% 20% 10% 0% NSW VIC TAS QLD ROCKSTAR RMBS WA NT SA SUPERSTAR RMBS Proportion of total loans %