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(Prr'ncipaI-Only M38 and interest-Only MBS) Referring to the previous question. what is the average life of the IO MBS? Submission Guideline: Give your answer in

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(Prr'ncipaI-Only M38 and interest-Only MBS) Referring to the previous question. what is the average life of the IO MBS? Submission Guideline: Give your answer in years rounded to two decimal places. For example, if you compute the answer to be 12.1234 years. submit 12.12. 1 point

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