The average coupon (interest payment) in a pool
of mortgages. WAC is calculated by weighting the coupon rate by the outstanding
principal balance of the mortgage at the end of each month.
"weighted average coupon." YourDictionary, n.d. Web. 16 October 2018. <http://www.yourdictionary.com/weighted-average-coupon>.
weighted average coupon. (n.d.). Retrieved October 16th, 2018, from http://www.yourdictionary.com/weighted-average-coupon
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