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Continuing from the last question (you borrow a 30-year mortgage loan of $300,000. The mortgage rate is 9% and the prepayment schedule follows the 15OPSA).

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Continuing from the last question (you borrow a 30-year mortgage loan of $300,000. The mortgage rate is 9% and the prepayment schedule follows the 15OPSA). What is the single-month mortality rate (SMM) in the first month of the mortgage? 0.000275 0.0001386 0.005674 0.0002503

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