Total value of the pool


If a mortgage pool consists of five 10% FRMs totaling $500,000, five 9% FRMs totaling $450,000 and ten 8% FRMs totaling $750,000, such that the total value of the pool is $1.7M, what is the weighted average coupon (WAC) rate (in percent)?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Total value of the pool
Reference No:- TGS0873231

Expected delivery within 24 Hours