User Account

All Pages

20-year mortgages with a coupon

Assignment Help Business Management
Reference no: EM132564673

Consider $5,000,000 of 20-year mortgages with a coupon of 5 percent paid quarterly. Consider a 20-year CMO using this mortgage pool as collateral. There are three tranches (where A offers the least protection against prepayment and C offers the most). A $1,250,000 tranche A makes quarterly payments of 4 percent; a $2,500,000 tranche B makes quarterly payments of 5 percent; and a $1,250,000 tranche C makes quarterly payments of 6 percent. If the trustee receives quarterly prepayments of $200,000 on the mortgage pool, which of the following is NOT true?

Group of answer choices

Tranche A receives an interest payment of $11,742 in Quarter 2.

Tranche A has a remaining balance of $774,167 at the end of Quarter 2.

Tranche A receives a total payment of $249,233 in Quarter 1.

Tranche A receives an interest payment of $12,500 in Quarter 1.

Tranche A has a remaining balance of $1,013,267 at the end of Quarter 1.

Reference no: EM132564673

Questions Cloud

Rock samples you encountered while completing : The rock samples you encountered while completing this exercise are called hand samples because you can pick them up with your hand and study them.
Prepare the necessary adjusting entries at may : The April 30 deposit of $2,190 was included on the May bank statement. Prepare the necessary adjusting entries at May
State the type of audit report that you should issue : Required - For each independent situation, state the type of audit report that you should issue and give reasons for your answer
Majority of scientist believe the current warming : Why do an overwhelming majority of scientist believe the current warming of the planet is because of human activity?
20-year mortgages with a coupon : Consider $5,000,000 of 20-year mortgages with a coupon of 5 percent paid quarterly. Consider a 20-year CMO using this mortgage pool as collateral.
NSB303 Partnerships in Health and Illness Assignment : NSB303 Partnerships in Health and Illness Assignment Help and Solution, Queensland University of Technology - Assessment Writing Service
What was plate called that the earthquake started : What was the plate called that the earthquake started in? Were there any fatalities?
What is devs inc required rate of return : Devs Inc. is currently trading at a forward P/D (price-to-dividend) ratio of 25, a forward P/E ratio of 20, a P/B ratio of 4 and a P/S ratio of 3.
Earthquakes-volcanoes typically occur in consistent regions : Even though people are aware that earthquakes and volcanoes typically occur in consistent regions, many make their homes in these locations.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd