Question: QUESTION 14 What does CPR stand for? Conditional Prepayment Rate Consistent Prepayment Ratio Constant Price Rate Conditional Price Ratio QUESTION 15 Which one of the

QUESTION 14 What does CPR stand for? Conditional
QUESTION 14 What does CPR stand for? Conditional Prepayment Rate Consistent Prepayment Ratio Constant Price Rate Conditional Price Ratio QUESTION 15 Which one of the following terms applies to the process of reducing the existing unpaid principal balance of a mortgage by making extra principal payments? mortgage curtailmt mortgage prepayment mortgage elimination mortgage amortization QUESTION 16 Assuming you hold two bonds at par ($100). One bond has a duration of 1, the other of 5. If interest rates rally 100 bps, how much more does the 5-year duration bond appreciate relative to the 1-year duration bond

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