Given a mortgage pool with $100,000 principal, scheduled monthly principal payments of $200, CPR of 6%...

Given a mortgage pool with $100,000 principal, scheduled monthly principal payments of $200, CPR of 6% and an age of 40 months. The total expected cash flow from principal payment for the next month is closest to

A 481

B 513

C 713

Expert Solution

Answer is B $513.

The total expected cashflow from principal payment for the next month is closest to $513.

jeff jeffy answered 2 years ago

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