Tranche principal coupon rate a 40000000 925 b 30000000


Tranche Principal Coupon Rate A $40,000,000 9.25% B 30,000,000 10.00% Z 30,000,000 11.00% A mortgage company is issuing a CMO with three tranches, with the principal and coupon rate given in the table above. What will be the weighted average coupon on the CMO when issued? (State your answer as a percentage, )

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Financial Management: Tranche principal coupon rate a 40000000 925 b 30000000
Reference No:- TGS01207772

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