1. In regards to more seasoned mortgages, which of the following is true? Group of answer choices

a. All of the above

b. The greater the likelihood of default

c. The greater the likelihood that the mortgage will be carried to maturity

d. The greater the likelihood of prepayment

2. When two companies trade financing advantages to create more favorable borrowing terms can be described as a(n).

Group of answer choices

a. Sequential short hedge

b. Cross hedge

c. Interest rate swap

d. All of the above