How does a CMO alter the cash flow from mortgages so as to shift the prepayment risk

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How does a CMO alter the cash flow from mortgages so as to shift the prepayment risk across various classes of bondholders?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:34 AM

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How does a CMO alter the cash flow from mortgages so as to shift the prepayment risk

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Prepayment risk refers to the risk associated with th...View the full answer

Bond Markets Analysis and Strategies

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