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

question 1

Multiple Choice

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.

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