In the context of mortgage-backed securities, a conditional prepayment rate (CPR) of 8% means that approximately 8%
Question:
In the context of mortgage-backed securities, a conditional prepayment rate (CPR) of 8% means that approximately 8% of the outstanding mortgage pool balance at the beginning of the year is expected to be prepaid:
A. In the current month.
B. By the end of the year.
C. Over the life of the mortgages.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The answer is B By the end of the year A conditional prepayment rate CPR is an esti...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The board of directors of the Cortez Beach Yacht Club (CBYC) is developing plans to acquire more equipment for lessons and rentals and to expand club facilities. The board plans to purchase about...
-
On January 1, 2018, JKJ purchased a 1,000 acre farm with a building. The asking price was $2,600,000. Approximately 15 percent of the total value of the farm was allocable to the building and the...
-
Exhibit 6.16 includes a footnote excerpt from the annual report of The Coca-Cola Company for Year 4. The beverage company offers stock options to key employees under plans approved by stockholders....
-
Which of the following is not a graphical tool for structured systems development? (a) DFD (b) Context-level DFD (c) Structured interview (d) FDD
-
Describe the V-Model, its characteristics, and shortcomings.
-
The accounts and balances that follow are from Hastings Corporations records on December 31, 2014. Preferred Stock, $100 par value, 9 percent cumulative, 10,000 shares authorized, 6,000 shares issued...
-
Maria will start investing in 3 years. She is going to invest 10% of her salary at the end of each year for 20 years. If Maria salary is currently (time zero) 50,000$, and her salary grows by 2.5%,...
-
For a mortgage pass-through security, which of the following risks most likely increases as interest rates decline? A. Balloon B. Extension C. Contraction
-
Support tranches are most appropriate for investors who are: A. Concerned about their exposure to extension risk. B. Concerned about their exposure to concentration risk. C. Willing to accept...
-
The following are summaries of the cash book and bank accounts of J. Duncan who does not keep his books using the double entry system. You are required to: (a) Calculate the value of J. Duncan's...
-
Near Earth's surface, the electric field has a magnitude of \(150 \mathrm{~N} / \mathrm{C}\) and points downward. Treating Earth's surface as a conducting sphere, calculate the surface charge density...
-
You are a crewmember on a space station orbiting Earth. To investigate some physics you remember from college, you drill a small hole all the way through a large solid nonconducting sphere of radius...
-
Shula Perot is the new controller for EduTechno Software, which develops and sells educational software. Shortly before the December 31 fiscal year-end, Nico Cattrall, the company president, asks...
-
Use a symmetry argument to determine the electric flux through a Gaussian surface that encloses both charged particles that form an electric dipole. Does the value calculated for the flux depend on...
-
Henredon purchases a high-precision programmable router for shaping furniture components for \($190,000.\) It is expected to last 12 years and have a salvage value of \($5,000.\) It will produce...
-
What is the main thrust of the United Nations Convention against Transnational Organized Crime and its Protocols?
-
Rowland Textile Inc. manufactures two products: sweatshirts and T-shirts. The manufacturing process involves two activities: cutting and sewing. Expected overhead costs and cost drivers are as...
-
Sante Fe Corporation's sales office and manufacturing plant are located in State A. Sante Fe also maintains a manufacturing plant and sales office in State B. For purposes of apportionment, State A...
-
For each of the following items considered independently, indicate whether the circumstances call for an addition modification (A), a subtraction modification (S), or no modification (N) in computing...
-
Perk Corporation is subject to tax only in State A. Perk generated the following income and deductions. Federal taxable income .............. $300,000 State A income tax expense ............. 15,000...
-
Consider an existing 200 hp motor with 94% efficiency at a load factor of 0.9. The motor runs for 6000 hours per annum. Determine the payback period if this motor is replaced with a 200 hp new motor...
-
Black corporation executes a stock redemption. The corporation distributes land basis of $ 1 6 0 , 0 0 0 and fair market value $ 6 0 0 , 0 0 0 to a shareholder. Discuss the tax consequences to Black...
-
Required: a. What is the ratio of real assets to total assets? (Hint: for this question, only include those listed under "Real assets") b. What is the ratio of real assets to total assets for...
Study smarter with the SolutionInn App