Why are prepayments of minor importance for automobile, Finance Basics

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Why are prepayments of minor importance for automobile

Question: The following questions relate to auto loan- backed securities:

a. What is the cash flow for an auto loan-backed security?

b. Why are prepayments of minor importance for automobile loan-backed securities? c. How are prepayments on pools of auto loans measured?

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Finance Basics: Why are prepayments of minor importance for automobile

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Finance Basics: Why are prepayments of minor importance for automobile

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