FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A mortgage-backed bond would best be defined as: A mortgage instrument backed by bonds A financial instrument where interest and principal payments flow directly to

A mortgage-backed bond would best be defined as:

A mortgage instrument backed by bonds

A financial instrument where interest and principal payments flow directly to the holders of that instrument

A bond that is secured by a pool of mortgages

A security that can be converted to mortgages at any time

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

For a binary variable ???? and a dichotomous explanatory variable ????, how is the odds ratio computed.

Answered: 1 week ago

Question

★★★★★
On January 1, 2010, Cayce Corporation acquired 100 percent of Simbel Company for consideration paid of $126,000, which was equal to fair value. Cayce is a U.S.-based company headquartered in Buffalo,...

Answered: 1 week ago

Question

★★★★★
2. 1000 value: 10.00 points Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali n Indonesia. The company produces a handcrafted Balinese musical...

Answered: 1 week ago

Question

★★★★★
Help A converging lens has a focal length of 30 cm. If an object is placed 12cm to the left of the lens, the image will be ii ifi of the lens. and will form on Row ii iii V real larger the right O...

Answered: 1 week ago

Question

★★★★★
On 5 January, the day of her successful grand opening of Hair Affair Pty Ltd, Kate Brown collected \($2280\) in cash for hair styling services, and paid \($400\) in wages and \($92\) for rent. Kate...

Answered: 1 week ago

Question

★★★★★
For the four unrelated situations, A-D, calculate the unknown amounts indicated by the letters appearing in each column: A B Beginning Assets... Liabilities. $28,000 $12,000 $28,000 $ (d) 18,600...

Answered: 1 week ago

Question

★★★★★
The following items could appear on a bank reconciliation: a. Outstanding checks b. Deposits in transit c. NSF check d. Bank collection of our note receivable e. Interest earned on bank balance f....

Answered: 1 week ago

Question

★★★★★
Draw a line graph for each data set in Problems 36-39. Data set D Data set A: The annual wages of employees at a small accounting firm are given in thousands of dollars. 25 16 25 25 14 18 1 2 2 2...

Answered: 1 week ago

Question

★★★★★
A 20% ethylene glycol solution is flowing through a 4-nom sch 80 commercial steel pipe. The pipe is 350 ft long and is horizontal. The pressure drop through the pipe is 4 psi. The ethylene glycol is...

Answered: 1 week ago

Previous Question Next Question