1. If all the mortgages in the pool are completely prepaid at the end of the second...
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1. If all the mortgages in the pool are completely prepaid at the end of the second month, what is the pool’s weighted-average life? Hint: Use your answer to part (c).
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Financial Institutions Management A Risk Management Approach
ISBN: 9780077211332
6th Edition
Authors: Anthony Saunders, Marcia Cornett
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