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Question
Assume that a mortgage pool follows a specified PSA prepayment schedule. Given this, the cash flow yield on the mortgage pool will do which one of the following?A. equal the average interest rate of the mortgages contained in the pool
B. equal the anticipated cash flow for the next year divided by the current value of the pool
C. equate the present value of the future cash flows from the pool to the current value of the pool
D. equate the average interest rate on the mortgages to the current market rate of interest
E. equal the current market rate of interest
Answer
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Related questions
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Q:
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Q:
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Q:
Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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B. The investor will receive fixed quarterly interest payments.
C. The investor will receive the future value of $25,000 at maturity.
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Q:
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B. advantage; disadvantage
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Q:
If wages grew 3.15 percent in 2013, but inflation was 2.75 percent, what was the approximate real increase in wages?
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Q:
Assume there are 475 million people in the United States, 175 million of which make up the labor force. If 16 million are unemployed, what is the unemployment rate?
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B. 9.14%
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Q:
An analyst gathered the following year-end price level data for an economy. What is the economy's annual inflation rate for 2012?A. 3.22%B. 3.42%C. 3.68%D. 3.87%E. 3.92%
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Q:
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Q:
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Q:
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Q:
Which of the following is NOT considered in the first filter or phase of top-down analysis?
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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