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Which of the Following Affect the Value of a PO

question 92

Multiple Choice

Which of the following affect the value of a PO strip based on a GNMA bond?
I. changes in the PSA schedule
II. prepayment rates
III. time value of money
IV. changes in the default rates for the underlying mortgages


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A perspective focusing on class struggle, economic exploitation, and the critique of capitalism, derived from the ideas of Karl Marx.

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