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Question 35 (0.5 points) If a mortgage pass-through experiences smaller prepayments than expected early on in the life of the security, the result will be

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Question 35 (0.5 points) If a mortgage pass-through experiences smaller prepayments than expected early on in the life of the security, the result will be that pass-through holders will receive than expected cash flows early on and than expected cash flows later on. greater, greater less; less greater; less less: greater less: no different

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