26-102 If at the end of the first year,the CMO trustee receives total cash flows of $15 million,how are they distributed?
A) $7.5 million to Tranche A and $7.5 million to Tranche B.
B) $15 million to Tranche A and nothing to Tranche B.
C) $5.5 million to Tranche A and $9.5 million to Tranche B.
D) $8.7 million to Tranche A and $6.3 million to Tranche B.
E) $7.1 million to Tranche A and $7.9 million to Tranche B.
Correct Answer:
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