Page 76 - FINAL CFA SLIDES DECEMBER 2018 DAY 14
P. 76

Example: Calculating principal payments on a                Session Unit 15:
      sequential pay tranche, p.84: Calculate the                 53. Introduction To Asset-Backed Securities
      principal payments, ending principal balance,
      and interest payments to each tranche for the

      first month using the data in Figure 4.













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