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Which of the following events that cause mortgage prepayments is most likely to occur when interest rate are falling? A. Refinancings B. Sales of existing

Which of the following events that cause mortgage prepayments is most likely to occur when interest rate are falling? A. Refinancings B. Sales of existing homes C. Cash-out mortgages (when the house price has risen) D. Optional prepayments made by owners with extra cash

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