Question: Under 175% PSA prepayment model, what is the SMM in month 25 of a mortgage passthrough? Expressed as a fraction, rounded to 6 decimals. A.

Under 175% PSA prepayment model, what is the SMM in month 25 of a mortgage passthrough? Expressed as a fraction, rounded to 6 decimals.

A.

0.087500

B.

0.005503

C.

0.007602

D.

0.010855

E.

0.000292

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