The duration of passthroughs can be measured
The duration of pass through can be measured by
1) calculating the amount of future cash flows
2) calculating the timing of future cash flows
3) both a and b
4) they are impossible to calculate because of uncertain prepayment
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1 a stock had returns of -26 percent 14 percent 8 percent 10 percent -9 percent and -5 percent over the past six years
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