What the total interest received by the issuer in month

Assignment Help Financial Management

Reference no: EM132069175

Given the following information, answer the following questions for month 12 of this security

-15 year FRMs, monthly payments -PSA 150 -4.5% mortgage rate, 0.5% servicing fee, 3.75% discount rate

- Pool balance at the beginning of month 12: $75,946,124

- The loans were not seasoned before entering the pool

What the total interest received by the issuer in month 12?

Reference no: EM132069175

Questions Cloud

What then is the value of the option to abandon : What is the project’s correct NPV, considering the abandonment option, and what then is the value of the option to abandon?

Compute depreciation expense on the machinery for 2018 : Prepare the journal entry necessary to record the depreciation expense on the building in 2018 - Compute depreciation expense on the machinery for 2018

Identify the key message : Detail how the organization and composition of the communication contribute to its effectiveness (4-8 sentences recommended).

Define issues compelling capital punishment and pacifism : You are to select a moral issue you find compelling capital punishment, pacifism, abortion, what have you except this one will feature a utilitarian argument.

What the total interest received by the issuer in month : What the total interest received by the issuer in month 12?

Presents the forecasted cash flows for project : The following table presents the forecasted cash flows for Project X and Project Y. These two projects are mutually exclusive.

Reviews a recent innovation in health care : Reviews a recent innovation in health care and its impact on existing systems (e.g., first- and second-movers, wearables, printed organs, genetic testing)

Main ideas and contributions of the austrian school : In economics history, what are the main ideas and contributions of the Austrian School? Why does 'marginal' mean so much in economics?

What further research ideas can come from the chapter : What were the author's conclusions? What further research ideas can come from this chapter? Include three (3) "lingering questions" that remain in your mind.

User Account

All Pages