How much principal will remain in the pool

Reference no: EM13528175

A bank pools $30,000,000 in mortgage principal that pays an aggregate coupon of 4.1% per annum. Assuming the mortgages are interest only, how much principal will remain in the pool at the end of month 8 assuming 100% PSA.

Reference no: EM13528175

Questions Cloud

What is the average velocity of the car for this trip : On a trip to Northern ontario, a car drives east for 2 hours at 100 km/h and then north for 8 hours at 100 km/h. What is the average velocity of the car for this trip

What is your total dollar return on investment : One year ago, you purchased a 5 percent coupon bond with a face value of $1,000 when it was selling for 101.2 percent of par. Today, you sold this bond for 99.8 percent of par. What is your total dollar return on this investment?

Determine how many photons per second is it emitting : Blue laser pointers are now available. If the blue laser emits 5 mW of light at 473 nm, how many photons per second is it emitting

Calculate the threshold frequency and wavelength : Calculate the threshold frequency and wavelength for photoelectric effect from magnesium

How much principal will remain in the pool : A bank pools $30,000,000 in mortgage principal that pays an aggregate coupon of 4.1% per annum. Assuming the mortgages are interest only, how much principal will remain in the pool at the end of month 8 assuming 100% PSA.

Two protein kinases-K1 and K2 : Two protein kinases, K1 and K2, function sequentially in an intracellular signaling cascade. If either kinase contains a mutation that permanently inactivates its function, no response is seen in cells when an extracellular signal is received.

What is the magnitude of the displacement of the courier : A courier on a bucycle travels 2.0 km N then 3.5 km E then 1.0 km S. What is the magnitude of the displacement of the courier for this trip

Obtain the magnitude of the net force acting on soccer ball : At an instant when a soccer ball is in contact with the foot of the player kicking it, find the magnitude of the net force acting on the soccer ball

Development projects of the past and the present : Discuss some of the major economical, philosophical and environmental differences between development projects of the past and the present.

User Account

All Pages