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Question
The greater the prepayment rate for a mortgage pool, the:A. slower the payments to the holders of the bonds supported by the pool.
B. greater the decline in the bond principal for bonds supported by the pool.
C. longer the age of the mortgages held in the underlying pool.
D. lower the PSA benchmark rate.
E. greater the default risk.
Answer
This answer is hidden. It contains 16 characters.
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