390. Billy Clark is an investment manager at the Sachsenhausen Investment Bank based in Dusseldorf. Clark manages a pool of mortgages and the assets constructed with the pool. If the pool prepaid 1.1% of its principal above its amortizing principal as the percentage of total outstanding principal in the month of February, then which of the following is the appropriate annualized constant prepayment rate he can come up with? A. 0.0302 B. 0.1243 C. 0.132 D. 0.1402

390. Billy Clark is an investment manager at the Sachsenhausen Investment Bank based in Dusseldorf. Clark manages a pool of mortgages and the assets constructed with the pool. If the pool prepaid 1.1% of its principal above its amortizing principal as the percentage of total outstanding principal in the month of February, then which of the following is the appropriate annualized constant prepayment rate he can come up with? A. 0.0302 B. 0.1243 C. 0.132 D. 0.1402

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The monument office building has an NOI which is expected to be $137,668 in year 1, $155,936 in year 2. and $169,411 in year 3. Assume an annual mortgage payment equal to 115,421. What is the debt coverage ratio
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Bhuptbhai
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am. 08.
Yara owns a home that was recently appraised for $181,000. The balance on the existing mortgage is $84,200. If Yara's bank is willing to loan up to 73% of the appraised value, find the potential amount of credit available on a home equity loan. O $47,930 O $61,466 O $96,800 $132,130 * O 0 o o

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