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The prepayment rate for a particular mortgage pool is expected to be 225 PSA. Which of the following would best estimate this pool's single monthly

The prepayment rate for a particular mortgage pool is expected to be 225 PSA. Which of the following would best estimate this pool's single monthly mortality rate (SMM) for the 15th month? A. 0.361% B. 0.581% C. 0.924%

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