Evaluate the following argument: Prepayment is not a risk to mortgage investors because prepayment actually means that

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Evaluate the following argument: "Prepayment is not a risk to mortgage investors because prepayment actually means that the investor is paid both in full and ahead of schedule." Is the statement always true or false?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 05:12 AM

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Evaluate the following argument: Prepayment is not a risk to mortgage investors because prepayment actually means that

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Prepayments that result purely from interest drops are a risk the mortgage investor w...View the full answer

Fundamentals of Investments Valuation and Management

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