Only thing affected is that tranche C is an accrual tranche, so the interest payments are applied towards repayment of principal of tranche A and are added to the total principal remaining of tranche...
Explain CMO tranches. If you have tranches A, B, and C and tranche C is an accrual tranche, assuming a sequential pay structure, how will the principals of A and C be affected?
The problem with ordering soda is that not only do you have to tip the waiter, but then you also have to tip the soda company, the driver for said company, the company that bottles the soda, and the...
I don't think people are under the impression that they're going to be Warren Buffett by saving 5k a year. The point is that it's a smart idea and a great way to make sure you aren't broke and...
The 6-7% is not guaranteed. It depends on what you invest in and how those investments perform. However, a savings account will guarantee that you'll earn a fraction of a percent each year.