14. Explain the effect of including an accrual tranche in a CMO structure on the average lives...

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14. Explain the effect of including an accrual tranche in a CMO structure on the average lives of the sequential-pay structures.

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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