Average life of mortgage backed security

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Question

The average life of a mortgage backed security is more relevant than the security's stated maturity because it represents the average time to the receipt of: The average life of a mortgage backed security is more relevant than the security's stated maturity because it represents the average time to the receipt of: all interest payments expected prepayments scheduled interest payments both expected prepayments and scheduled interest payments.

Reference no: EM133629967

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