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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