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. 18 December 2018. <https://www.yourdictionary.com/weighted-average-coupon>.
weighted average coupon. (n.d.). Retrieved December 18th, 2018, from https://www.yourdictionary.com/weighted-average-coupon
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