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If you pay a premium for an agency mortgage-backed pass-through security, which scenario below would you prefer? a. An acceleration of prepayment speeds b. A

If you pay a premium for an agency mortgage-backed pass-through security, which scenario below would you prefer?

a. An acceleration of prepayment speeds

b. A deceleration of prepayment speeds

c. No change in prepayment speeds

d. Not enough information to determine

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