QUESTION 5 Given the following information, answer the following questions for month 12 of this...
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QUESTION 5 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 C: What is the payment to investors in month 12? Round your answer to the nearest cent
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