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The market value of a MPTS at any point in time after origination is: a) The present value of the remaining expected cash flows to
The market value of a MPTS at any point in time after origination is:
a) The present value of the remaining expected cash flows to the investor discounted at the contract loan rate
b) The pool balance times one minus the original loan rate
c) The pool balance times one minus the market rate
d) The present value of the remaining expected cash flows to the investor discounted at the investors required rate of return
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