Question: The PSA benchmark for CPR is 6%. Note, the PSA benchmark increases linearly from 0% to 6% linearly till the 30th month (i.e. increases by

The PSA benchmark for CPR is 6%. Note, the PSA benchmark increases linearly from 0% to 6% linearly till the 30th month (i.e. increases by 0.2% every month) and thereafter remains steady at 6%. The the CPR at 150% of PSA in the 20th month is:

  • A. 2%
  • B. 4%
  • C. 9%
  • D. 6%

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