Below is a cash flow projection on a sequential-pay \\( \\mathrm{CMO} \\), which has four...
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Finance
Below is a cash flow projection on a sequential-pay \\( \\mathrm{CMO} \\), which has four tranches, A through D. Assume the four tranches get paid in the order of \\( A->B->C->D \\). In this month tranche \\( A \\) has an outstanding balance of 84,000 and \\( B \\) has an outstanding balance of 36,000 . What is the principal payment towards tranche \\( \\mathrm{B} \\) in this month? Enter your answer in thousands of dollars, with no decimals. For example, if your answer is \\( \\$ 40,000 \\), then enter 40
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