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Please show any Financial calculator inputs. QUESTION 21 A CMO is issued with three...

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imagePlease show any Financial calculator inputs.

QUESTION 21 A CMO is issued with three tranches. The A tranche will have 40M in principal and a 8.25% coupon. The B tranche will have 30M in principal and a 10% coupon. The Z tranche will have 30M in principal an a 11 % coupon. Assume there is no overcollateralization. What is the weighted average coupon (WAC) of this CMO at issuance? O 8.25% 9.60% 9.75% O 10.00%

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