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Question 6 10 pts A 10-year 100,000 dollar seasoned mortgage has contract rate of 9.5 (annual rate compounded monthly). The prepayment speed is 300 PSA.

Question 6 10 pts A 10-year 100,000 dollar seasoned mortgage has contract rate of 9.5 (annual rate compounded monthly). The prepayment speed is 300 PSA. In one month, what is the prepayment of principal (in dollars) for the first payment based on the prepayment speed? O 1432 1632 O 1532 O 1732 Question 6 10 pts A 10-year 100,000 dollar seasoned mortgage has contract rate of 9.5 (annual rate compounded monthly). The prepayment speed is 300 PSA. In one month, what is the prepayment of principal (in dollars) for the first payment based on the prepayment speed? O 1432 1632 O 1532 O 1732

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