In accordance with the senior prepayment percentage presented in Table 1, if prepayments on a $50 million offering in month 30 are $2 million, the amount paid to the senior tranche is: A. $50 million. B. $2 million. C. $1 million.
If prepayments in month 30 total $2 million, the amount paid to the senior tranche in accordance with Table 1 senior prepayment percentage is $2 million.
