Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through D.Assume the four tranches get paid in the order of A->B->C->D. In this month tranche A has anoutstanding balance of 63,000 and B has an outstanding balance of 45,000. What is the principalpayment towards tranche B in this month?Enter your answer in thousands of dollars, with no decimals. For example, if your answer is $40,000,then enter 40.month63beginning.balance$585,000scheduled principalpayment$10,000Prepayment$17,000Interest to MBSinvestors$57,000

Sequential payment CMOs are treated as collateralized mortgage obligations, including the…

Answered: Below is a cash flow projection on a…

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

See similar textbooks

Similar questions

Calculate the average daily balance (in $) for October for a revolving credit account with a previous month's balance of $120 and the following activity. (Round your answer to the nearest cent.) Date Activity Amount October 3 Cash advance $50.00 October 7 Payment $75.00 October 10 Purchase $26.59 October 16 Credit $10.00 October 25 Purchase $122.60
Given the following information, calculate the savings ratio: (Round your answer to 2 decimal places.) Liabilities = $32,500 Liquid assets = $6,500 Monthly credit payments = $1,200 Monthly savings = $600 Net worth = $84,500 Current liabilities = $2,400 Take-home pay = $3,100 Gross income = $5,900 Monthly expenses = $3,640 Multiple Choice 10.17% 38.71% 38.46% О 1.79% 2.71%
. With regard to accounts payable: Explain (including computations) the rationale of taking a cash discount, such as 4/8, n/30. Assume a purchase of $1,000,000. Additionally, determine the approximate balance of accounts payable, if a company stretches its payables to 40 days and on average, they make purchases of $1,000,000 per day from their vendors.
Suppose a firm’s monthly account analysis statement shows a service charge of $10,000 and an earnings credit allowance of $2,000. Discuss why the firm’s liquidity position will not be reduced by $10,000.
A firm has no cash sales (all sales are on credit and are collected 28 days after the sale). If the receivables are $167,000, what is the level of sales? Assume there are 365 days in a year. Round your answer to the nearest dollar. $
You borrowed an X amount of money from a local bank to be repaid over N months at an interest rate i (assume your own numbers for X, i, M). I need : (a) Create a table (using Excel) showing each month's interest in $ (I), principal repayment, and amount of principal remaining at the end of each month. (b) Suppose that you decided to pay out the remaining principal all at once after few monthly payments (< N), how much will you pay? Use the P /A relationship to answer this part and compare to the numbers in the table.
Calculate the average daily balance (in $) for October for a revolving credit account with a previous month's balance of $120 and the following activity. (Round your answer to the nearest cent.) Date Activity Amount October 3 Cash advance $50.00 October 7 Payment $75.00 October 10 Purchase $27.59 October 16 Credit $20.00 October 25 Purchase $124.60 average daily balance = $
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. $400 balance, 14%, $100 payment, previous balance method
Medwig Corporation has a DSO of 27 days. The company averages $9,750 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.
whats the answer to number 2?
If you were to use the TVM Solver to determine how much money would be in an account (that earns 1.2% interest compounded monthly) after 32 years when $175 was deposited into the account at the end of each month, then you would enter N = 1% = PV = PMT = FV = and P/Y = C/Y = Which of the variables above did you solve for (N, 1%, PV, PMT, or FV)?
You carry over a credit card balance of $500 wuth an APR of 18.99%. You make a minimum payment of 8% each month. Round all values to the nearest cent. A. What is the finance charge for this first month? B. What is the new balance? C. What is the minimum payment for this month? D. What is the carry over balance for the next month?

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

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

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

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

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS