Question: The benchmark prepayment rate is 1 0 0 PSA, if prepayments are estimated to be faster than the benchmark the PSA will be [ Select

The benchmark prepayment rate is 100 PSA, if prepayments are estimated to be faster than the benchmark the PSA will be [ Select ] greater; less than the benchmark. A 0 PSA means that [ Select ] we use the default 100 PSA; no prepayments are assumed

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!