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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