How can investing in a collateralized mortgage obligation entail less risk than investing in a mortgage- backed

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How can investing in a collateralized mortgage obligation entail less risk than investing in a mortgage- backed security? Can it ever entail more risk?          Appendix

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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