Which of the following is most likely an advantage of collateralized mortgage obligations (CMOs)? CMOs can A.
Question:
Which of the following is most likely an advantage of collateralized mortgage obligations (CMOs)? CMOs can
A. Eliminate prepayment risk.
B. Be created directly from a pool of mortgage loans.
C. Meet the asset/liability requirements of institutional investors.
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C Meet the assetliability requirements of institutional investors Collateralized Mortgage Obligation...View the full answer
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