medium · FRM Part 1 Quantitative Analysis
A Mortgage-Backed Security (MBS) pool has two loans: Loan 1 ($400,000, 6.5% coupon, 300 months) and Loan 2 ($100,000, 5.0% coupon, 120 months). Calculate the Weighted-Average Maturity (WAM) of the pool.
- 156 months
- 264 months
- 210 months
- 300 months
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