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Suppose that the CPR used to estimate prepayments is 8%. What is the corresponding SMM? A. 0.81% B. 0.69% C. 0.51% D. 0.43%

Suppose that the CPR used to estimate prepayments is 8%. What is the corresponding SMM?

  • A. 0.81%
  • B. 0.69%
  • C. 0.51%
  • D. 0.43%

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