NO.PZ2020033003000094
问题如下:
Which of the following measure is least likely to be used by a securitized product backed by student loans and mortgages?
选项:
A.Single monthly mortality (SMM)
B.Constant prepayment rate (CPR)
C.Public Securities Association (PSA)
D.Debt service coverage ratio (DSCR)
解释:
D is correct.
考点:Performance Measures for Securitized Structures
解析:
The single monthly mortality (SMM), constant prepayment rate (CPR) and the Public Securities Association (PSA) method are common methodologies used to estimate prepayments for student loans and mortgages.
可以解读一下这一题吗?