26-113 If at the end of the first year,the trustee of the CMO receives total cash flows of $10 million,how are they distributed to Tranche A and B,respectively?
A)$5,558,628; $4,441,372.
B)$4,441,372; $5,558,868.
C)$4,000,000; $6,000,000.
D)$6,000,000; $4,000,000.
E)$5,558,628; $4,000,000.

Question

Quizplus · Accepted Answer

The Answer of 26-113 If at the end of the first year,the trustee of the CMO receives total cash flows of $10 million,how are they distributed to Tranche A and B,respectively?
A)$5,558,628; $4,441,372.
B)$4,441,372; $5,558,868.
C)$4,000,000; $6,000,000.
D)$6,000,000; $4,000,000.
E)$5,558,628; $4,000,000.

26-113 If at the End of the First Year,the Trustee