Which One of the Following Is the Prepayment Rate for a Mortgage

question 60

Multiple Choice

Which one of the following is the prepayment rate for a mortgage pool which is dependent upon the age of the mortgages comprising the pool?

• A) unseasoned rate
• B) average life rate
• C) aged payment rate
• D) conditional prepayment rate
• E) amortized rate

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Definitions:

A Proposition

A declarative statement that can either be true or false, often used in logic and philosophy to express ideas or assertions.

Enthymeme

A rhetorical argument where one of the premises is not explicitly stated, usually considered to be evident to the audience.

Existential Import

In logic, the assumption that a statement implies the existence of the subject it mentions.

I Proposition

An I proposition in traditional logic is an affirmative particular statement, indicating that some members of the subject class are included in the predicate class, typically structured as "Some S are P."