Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2? • 10 year FRM, fully amortizing, annual payments
• 10% CPR assumption
• 100 loans in the pool
• Average starting balance of $350,000/loan
• Mortgage rate 5%, annual
• No servicing/guarantee fees

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)