a. Referring to Figure 21.2, what are the CPRs for seasoned 50 PSA, 100 PSA, and 200

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a. Referring to Figure 21.2, what are the CPRs for seasoned 50 PSA, 100 PSA, and 200 PSA mortgages?

b. Referring to Figure 21.2, what is the CPR for an unseasoned 100 PSA mortgage in month 20 of the mortgage?

c. Referring to Figure 21.2, what is the CPR for an unseasoned 200 PSA mortgage in month 20 of the mortgage?

Figure 21.2

PSA Prepayment Model Showing Conditional Prepayment Rates (CPRs) CPR (%) 14 12 10 6 00 T 4 2 T O T T 60 PSA

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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