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A portfolio that immunizes liability obligations using zero coupon bonds is referred to as A. Lump Sum Portfolio B. Bullett Portfolio C. Barbell Portfolio D.
A portfolio that immunizes liability obligations using zero coupon bonds is referred to as
A. | Lump Sum Portfolio | |
B. | Bullett Portfolio | |
C. | Barbell Portfolio | |
D. | Laddered Portfolio
|
A security that has been tranched into different payment classes is
A. | A CMO security | |
B. | An RMBS security | |
C. | An ABS security | |
D. | A CMBS security
|
A special purpose Vehicle (SPV)
A. | Gives the investor mortgages for cash | |
B. | Gives the originating Bank cash for mortgages | |
C. | gives the initial borrower cash for mortgages | |
D. | Gives the originating Bank mortgages for cash |
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