Consider the following basic $100 million CDO structure. The senior tranche has a par value of $70 million dollars and a coupon rate of LIBOR + 1.0%. The mezzanine tranche has a par value of $20 million and a coupon rate equal to 8.25%. The equity tranche has a par value of $10 million. Fees are equal to 4.2% of the equity tranche’s par value. The collateral consists of bonds with a coupon 9.75% that mature in ten years. A ten-year interest rate swap with notional principal of $70 million dollars is available that receives fixed rate of 5.25% and pays the LIBOR. Design a CDO that satisfies the above requirements. What is the potential annual return (in percent)  to the equity tranche assuming no defaults?

Reducing the amount of skill needed for a job is know as 

Simplify: (18+4i)+(-11+23i){“version”:”1.1″,”math”:”(18+4i)+(-11+23i)”} _______

Solve for x (Round to two decimal places if necessary): 3×2-33x+54=0{“version”:”1.1″,”math”:”3×2-33x+54=0″} _______ _______

Simplify: -14+3i-14i{“version”:”1.1″,”math”:”-14+3i-14i”} _______

Simplify: 11(6i-9){“version”:”1.1″,”math”:”11(6i-9)”} _______

Simplify: 10-20i4-3i{“version”:”1.1″,”math”:”10-20i4-3i”} _______

Simplify: (-4-5i)(1-i){“version”:”1.1″,”math”:”(-4-5i)(1-i)”} _______

Measuring the storage of elastic energy in a tendon as it is stretched is _________

This plot shows the vertical position of the center of mass during the walking gait cycle. At time point 5, what is the sign of velocity?