V. COMPLETION FACTORS -- CF(t) = CR(t+1)CR(t+2)CR(t+3)....
--COMPLETIONFACTORS --
12MOS.
6MOS.
3MOS.
12MOS.
HARMONIC MONTHS HARMONIC MONTHS HARMONIC MONTHS
AVG.
MONTHS
LAG(t)
CF(t)
UNPAID CF(t)
UNPAID CF(t)
UNPAID CF(t)
UNPAID
0
0.2018
0.7982
0.1626
0.8374
0.3048
0.6952
0.2532
0.7468
1
0.6681
0.3319
0.6758
0.3242
0.6730
0.3270
0.6838
0.3162
2
0.8319
0.1681
0.8156
0.1844
0.7806
0.2194
0.8418
0.1582
3
0.9113
0.0887
0.8695
0.1305
0.8587
0.1413
0.9166
0.0834
4
0.9457
0.0543
0.9235
0.0765
0.8810
0.1190
0.9488
0.0512
5
0.9683
0.0317
0.9585
0.0415
0.9425
0.0575
0.9698
0.0302
6
0.9865
0.0135
0.9853
0.0147
0.9892
0.0108
0.9867
0.0133
7
0.9928
0.0072
0.9904
0.0096
0.9956
0.0044
0.9930
0.0070
8
0.9964
0.0036
0.9932
0.0068
0.9983
0.0017
0.9966
0.0034
9
0.9991
0.0009
0.9960
0.0040
1.0005
-0.0005
0.9993
0.0007
10
1.0006
-0.0006
0.9971
0.0029
1.0012
-0.0012
1.0007
-0.0007
11
1.0029
-0.0029
0.9996
0.0004
1.0018
-0.0018
1.0031
-0.0031
12
1.0005
-0.0005
1.0012
-0.0012
1.0023
-0.0023
1.0005
-0.0005
13
1.0007
-0.0007
1.0012
-0.0012
1.0024
-0.0024
1.0007
-0.0007
14
1.0009
-0.0009
1.0011
-0.0011
1.0024
-0.0024
1.0009
-0.0009
15
1.0002
-0.0002
1.0003
-0.0003
1.0007
-0.0007
1.0002
-0.0002
16
0.9999
0.0001
0.9999
0.0001
0.9997
0.0003
0.9999
0.0001
17
0.9999
0.0001
0.9999
0.0001
0.9999
0.0001
0.9999
0.0001
18
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
19
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
20
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
21
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
22
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
23
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
1.0000
0.0000
Avg. # OF MOS. UNPAID
1.4925
1.6293
1.5654
1.4044




