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Collateralized mortgage obligations (CMOs) are I: Backed by pooled mortgage backed securities II: A type of collateralized debt obligation III: Given a rating according to
Collateralized mortgage obligations (CMOs) are
I: Backed by pooled mortgage backed securities
II: A type of collateralized debt obligation
III: Given a rating according to tranche by a credit rating agency
A: I only
B: I & II only
C: I & III only
D: II & III only
E: I, 11, & 111
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