Question: QUESTION 19 Use the table below to answer questions 17 to 19. SMM Interest Prepayment Scheduled Principal Total Principal Month Outstanding Balance 1 $100,000 2

QUESTION 19 Use the table below to answer questions 17 to 19. SMM Interest Prepayment Scheduled Principal Total Principal Month Outstanding Balance 1 $100,000 2 $99,934 Assume the following: Mortgage Payment $841 $841 1. A prepayment rate of 165 PSA 2. Original mortgage balance of $100,000 3. Pass-through rate of 9% 4. WAM of 360 months SMM is the single- monthly mortality rate, and WAM is the weighted average maturity. For month 1, what is the prepayment amount? O A. $28.53 OB. $26.53 OC. $27.53 OD. $24.53 QUESTION 19 Use the table below to answer questions 17 to 19. SMM Interest Prepayment Scheduled Principal Total Principal Month Outstanding Balance 1 $100,000 2 $99,934 Assume the following: Mortgage Payment $841 $841 1. A prepayment rate of 165 PSA 2. Original mortgage balance of $100,000 3. Pass-through rate of 9% 4. WAM of 360 months SMM is the single- monthly mortality rate, and WAM is the weighted average maturity. For month 1, what is the prepayment amount? O A. $28.53 OB. $26.53 OC. $27.53 OD. $24.53

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