Question: I need this answered with work shown please conditional prepayment rate(CPR) of 9% mean? Explain in at least two 1) -What does lines. b What
I need this answered with work shown please
conditional prepayment rate(CPR) of 9% mean? Explain in at least two 1) -What does lines. b What is the monthly b) What is the estimated monthly prepayment rate, commonly referred to as the single-monthly mortality rate (SMM). c) Suppose that an investor owns a pass-through in which the remaining mortgage balance at the beginning of some month is S100 million. Assuming that the scheduled principal payment is SI million, what is the estimated prepayment for the month? conditional prepayment rate(CPR) of 9% mean? Explain in at least two 1) -What does lines. b What is the monthly b) What is the estimated monthly prepayment rate, commonly referred to as the single-monthly mortality rate (SMM). c) Suppose that an investor owns a pass-through in which the remaining mortgage balance at the beginning of some month is S100 million. Assuming that the scheduled principal payment is SI million, what is the estimated prepayment for the month
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