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Suppose that based on a prepayment assumption of 200 PSA the cash flow yield for a specific agency pass-through security is 7.5% and the stated

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Suppose that based on a prepayment assumption of 200 PSA the cash flow yield for a specific agency pass-through security is 7.5% and the stated maturity is 15 years. Suppose further that the average life of this security is 8 years. Assume the following yield curve for Treasuries: What is the nominal spread of this pass-through security

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