Why an investor in a securitized asset who is concerned about prepayment risk would prefer a CMO

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Why an investor in a securitized asset who is concerned about prepayment risk would prefer a CMO over a pass-through security?

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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Question Posted: Jul 25, 2024 08:01 AM

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Why an investor in a securitized asset who is concerned about prepayment risk would prefer a CMO

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ISE Financial Markets And Institutions

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