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Suppose that in month 140 the mortgage balance for a mortgagne pool underlying a passthrough security is $537 million and that the scheduled principal payment
Suppose that in month 140 the mortgage balance for a mortgagne pool underlying a passthrough security is $537 million and that the scheduled principal payment for month 140 is $440,000. Assuming 175 PSA, what is the amount of the prepayment for month 140?
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