Save Answe Question 21 4 points A CMO has been issued with 3 tranches and a residual. At origination: Tranche A investors own $39,104,829 of principat with a coupon rate of 3.50%. - Tranche investors own 9,742,878 of principal with a coupon rate of 3.70% -Tranche investors own 37,070,787 of principal with a coupon rate of 4.500 The residual carries 51 million and receives all residual payments. Mortgages backing the security issued are fully amortizing fixed rate with mortgage rate of 4.504 with 30 year maturities and month payments. Assume no servicing guarantee fee and no prepayments. What is balance on tranche B at the end of the first month (same as the balance at beginning of the second month? Round your answers to cents (eg if your answer is 556000.0444 write 56000.04) Save Answe Question 21 4 points A CMO has been issued with 3 tranches and a residual. At origination: Tranche A investors own $39,104,829 of principat with a coupon rate of 3.50%. - Tranche investors own 9,742,878 of principal with a coupon rate of 3.70% -Tranche investors own 37,070,787 of principal with a coupon rate of 4.500 The residual carries 51 million and receives all residual payments. Mortgages backing the security issued are fully amortizing fixed rate with mortgage rate of 4.504 with 30 year maturities and month payments. Assume no servicing guarantee fee and no prepayments. What is balance on tranche B at the end of the first month (same as the balance at beginning of the second month? Round your answers to cents (eg if your answer is 556000.0444 write 56000.04)