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Select the correct answer: The curve that depicts how refinancing speeds (CPRs) dynamically evolve as a homeowners refinancing incentive changes (the difference between a borrowers

Select the correct answer: The curve that depicts how refinancing speeds (CPRs) dynamically evolve as a homeowners refinancing incentive changes (the difference between a borrowers mortgage rate and the current market mortgage rate) is referred to as:

J-Curve

Convexity Curve

S-Curve

Delta Curve

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