Why would a pass-through with a wam 350 months be an
Question: What is the average life of a pass-through, and what does it depend on?
a. What are contraction risk and extension risk?
b. Why would a pass-through with a WAM 350 months be an unattractive investment for a savings and loan association?
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question what is the average life of a pass-through and what does it depend ona what are contraction risk and extension
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