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Assume that a $750 million pool of mortgages backs a new MBS issue. The projected prepayment speed is 200% PSA. If the estimated prepayment for
Assume that a $750 million pool of mortgages backs a new MBS issue. The projected prepayment speed is 200% PSA. If the estimated prepayment for the first month will be $250,217, what is the scheduled principal repayment for this period? _____ A) $426,400 B) $604,000 C) $850,850 D) Undetermined
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