One Hundred Identical Mortgages Are Pooled Together into a Pass-Through

question 107

Multiple Choice

One hundred identical mortgages are pooled together into a pass-through security.Each mortgage has a $150,000 principal, a fixed annual interest rate of 8 percent (paid monthly) , and is fully amortized over a term of 30 years. For the first monthly payment, what portion is principal and what portion is interest?

• A)$100,000 principal and $10,065 interest.
• B)$12,000 interest and no principal.
• C)$100,000 interest and no principal.
• D)$100,000 interest and $10,065 principal.
• E)$10,000 interest and $2,000 principal.

Understand the basic concepts of influence and persuasion in negotiation.

Identify the factors that make communication persuasive.

Recognize the role of emotions in negotiation.

Understand the impact of message strategies on persuasion effectiveness.

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Definitions:

Organizational Objectives

The specific goals that a company sets out to achieve, which guide its operations and strategic planning.

Financial

Pertaining to money or how money is managed, including investments, expenses, and revenue streams.

Sustainability

The practice of maintaining processes or systems in ways that do not deplete resources or harm ecological systems for future generations.

Competitive-Edge Strategies

Approaches employed by businesses to gain a superior market position and outperform competitors.