Why would buyers of class C tranches of collateralized mortgage obligations (CMOs) be willing to accept a

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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: 9781266138225

11th International Edition

Authors: Anthony Saunders, Marcia Millon Cornett, Otgo Erhemjamts

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