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QUESTION 12 ACMO is being issued with 2 tranches: Tranche A has $16 million in...

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QUESTION 12 ACMO is being issued with 2 tranches: Tranche A has $16 million in principal and a 5.3% coupon - Tranche B has $13 million in principal and a 1.6 coupon The mortgages backing the security issued are FRM at a mortgage rate of 7.5 with 10 year maturities and annual payments. There is no guarantee/servicer fee. Prepayment is assumed to be 5 CPR In year 1, what is the cash flow to investors in Tranche B7 Round your answer to two decimal points (e.g. If your answer is 550,999.4532, write 50999.45)

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