大同學
2020-08-12 16:171.contraction risk occurs as mortgage rates fall, prepayment rates increase, and the average life of the pass-through security decreases 其中prepayment rates,指mortgage loan的提前償還的速度,對不? 2.CPR is annual rate, at which a mortgage pool balance is assumed to be prepaid during the life of the pool 這句話,如何理解?
所屬:CFA Level I > Fixed Income 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Danyi助教
2020-08-12 17:25
該回答已被題主采納
同學你好,
1.對的,prepayment rates就是提前還款率的意思
2.這句話的意思是說:CPR是一個年化利率,它就是表示年初貸款池余額預(yù)計在年底預(yù)付的百分比
例如CPR=4%就是年提前還款率等于4%,也就是每年償還4%的貸款池余額。
