Find weighted average coupon rate
If the mortgage pool has five 10% FRMs totaling amount $500,000, five 9% FRMs totaling amount $450,000 and ten 8% FRMs totaling amount $750,000, such that total value of pool is $1.7M, find weighted average coupon (WAC) rate (in percent)?
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Five 9% FRMs totaling amount $450,000 and ten 8% FRMs totaling amount $750,000, such that total value of pool is $1.7M, find weighted average coupon (WAC) rate (in percent)?
Determine the z-score for each student and indicate which one has a better relative position. An Art Major earned a grade of 46 on an exam with = 50 and s = 5; A Theater Major earned a grade of 70 on an exam with = 75 and s = 7.
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