[单选题]

Compared to the underlying MBS, a collateralized mortgage obligation (CMO):

A.Has lower duration.

B.May have more or less prepayment risk.

C.Allows an investor to select an exact maturity.

参考答案与解析:

相关试题

The primary motivation for creating a collateralized mortgage obligation (CMO) is best described as

[单选题]The primary motivation for creating a collateralized mortgage obligation (C

  • 查看答案
  • For a collateralized mortgage obligation (CMO), the first tranche of bonds most likely has the:

    [单选题]For a collateralized mortgage obligation (CMO), the first tranche of bonds

  • 查看答案
  • When a bank creates a collateralized loan obligation (CLO) to divest of commercial loans that it own

    [单选题]When a bank creates a collateralized loan obligation (CLO) to divest of com

  • 查看答案
  • Compared to mortgage passthrough securities, CMOs created from them most likely have:

    [单选题]Compared to mortgage passthrough securities, CMOs created from them most li

  • 查看答案
  • A mortgage is least likely.

    [单选题]A mortgage is least likely.A.A collateralized loan.B.Subject to early retir

  • 查看答案
  • ( ) represents the maximum obligation for theseller.

    [单选题]( ) represents the maximum obligation for theseller.A.DATB.DAPC.DDPD.CPT

  • 查看答案
  • ( ) represents the maximum obligation for theseller.

    [单选题]( ) represents the maximum obligation for theseller.A.DATB.DAPC.DDPD.CPT

  • 查看答案
  • The underlying technology that makes B£­

    [单选题]The underlying technology that makes B-ISDN is calledA.ATMB.Frame. relayC.SDMSD.X.25 Networks

  • 查看答案
  • [A] business[B] estate[C] obligation[D]

    [单选题][A] business[B] estate[C] obligation[D] property

  • 查看答案
  • If the volatility of returns of an underlying security increases, then:

    [单选题]If the volatility of returns of an underlying security increases, then:A.Bo

  • 查看答案
  • Compared to the underlying MBS, a collateralized mortgage obligation (CMO):