Mortgage passthrough Maturity 360 - can we assume?

CFA Level II Fixed Income
#1

in one of the CFA I practice assesment they have mentioned WAM of 356 and implicit asumption was that 4 months have been elapsed.

So which means we can safely assume in exam that Maturity will should be 360 months for passthrough security?

Thanks in advance.

#2

I believe that that’s a safe assumption. They should tell you otherwise.

#3

ok great… thanks as always! :slight_smile:

#4

You’re welcome.