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 CPR at 150% of PSA in the 20th month is:
A. 2%
B. 4%
C. 6%
D. 9%
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