mbs

Hi David, Question regarding the highlighted statement in the attachment: When PSA reduces from 165 PSA to 150PSA on a rate increase situation --> my understanding is that the prepayment cash flow decreases and the bond should be valued more just using the cash flow pricing approach. (i.e. More...

Is there a video tutorial available for this topic? also its exam relevance ?

Concept: These on-line quiz questions are not specifically linked to AIMs, but are instead based on recent sample questions. The difficulty level is a notch, or two notches, easier than bionicturtle.com's typical AIM-by-AIM question such that the intended difficulty level is nearer to an actual...