1. Why would buyers of class C tranches of collateralized mortgage obligations (CMOs) be willing to accept...
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1. Why would buyers of class C tranches of collateralized mortgage obligations (CMOs) be willing to accept a lower return than purchasers of class A tranches?
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Financial Institutions Management A Risk Management Approach
ISBN: 9780077211332
6th Edition
Authors: Anthony Saunders, Marcia Cornett
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