Loan Portfolio Valuation

Hi,

Wondering how you would value an SPV with hundreds of AAA loans. I know the default rate and prepayment rates and interest rates, but was not sure how to forecast it all out. I also don't have the discount rate for an NPV calc, but its AAA so I assume risk free could be adequate. Basically, without making tons of assumptions that are likely very wrong, how should I do a quick and short valuation here or is something complex necessary? Thank you very much.

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