What is the monthly prepayment rate

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A current mortgage pool described by a 50 PSA would have an annual prepayment of 1% after 10 months, what is the monthly prepayment rate?

Reference no: EM133071611

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What is the monthly prepayment rate : A current mortgage pool described by a 50 PSA would have an annual prepayment of 1% after 10 months, what is the monthly prepayment rate?
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