Total value of the pool


If the mortgage pool includes five 10% FRMs totaling $500,000, five 9% FRMs totaling $450,000 and ten 8% FRMs totaling $750,000, such that total value of the pool is $1.7M, what is the weighted average coupon (WAC) rate (in percent)?

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Mathematics: Total value of the pool
Reference No:- TGS0872919

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