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In month 9 of a residential mortgage backed security's life, the percentage of the outstanding principal that will be prepaid if the prepayment rate is
In month 9 of a residential mortgage backed security's life, the percentage of the outstanding principal that will be prepaid if the prepayment rate is 160 PSA is: ______ %. Include four decimal places in your answer. Note, this question is asking for the SMM in month 9
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