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Question 2 The prepayment record of mortgage pass through is as follows:: balance on the 42nd month = $260,000,000 scheduled principal in month 42 =

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Question 2 The prepayment record of mortgage pass through is as follows:: balance on the 42nd month = $260,000,000 scheduled principal in month 42 = $1,000,000 Estimated prepayment in the same month 42 = $2,450,000 a. What is the SMM for month 42? b. What is the CPR for month 42

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