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What is the market value (clean price) of a 6% MBS issue backed by a mortgage pool of an original par value of $500 million,
What is the market value (clean price) of a 6% MBS issue backed by a mortgage pool of an original par value of $500 million, if its price is quoted at 107-16 with a pool factor of 0.95? Group of answer choices [A] $510,625,000 [B] $500,000,000 [C] $475,000,000 [D] $503,500,000
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