Question: One fixed - rate mortgage pool has a 7 5 0 PSA and a second fixed - rate pool has a 1 5 0 PSA.

One fixed-rate mortgage pool has a 750 PSA and a second fixed-rate pool has a 150 PSA. The pool with the higher PSA than the pool with the lower PSA.
probably has a higher coupon
II. probably has lower default risk
III. will mature more quickly
Multiple Choice
1, II, and III
I and II only
II and III only
One fixed - rate mortgage pool has a 7 5 0 PSA

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