Question: Question 9 (4 points) An MBS consists of 3 underlying loans as follows. What is the weighted average maturity of this MBS deal? Loan 1:1

Question 9 (4 points) An MBS consists of 3 underlying loans as follows. What is the weighted average maturity of this MBS deal? Loan 1:1 = 12%, Principal=$155,000, Maturity = 25 years; Loan 2:1 = 13%, Principal=$150,000, Maturity = 27 years; Loan 3:1 = 10%, Principal=$210,000, Maturity = 19 years 23.1 years 23.7 years 24.0 years 24.8 years

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