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If one thinks that mortgage loan rates are going up, one should buy a(n) ______ in order to earn leveraged returns. a. Interest only CBO

If one thinks that mortgage loan rates are going up, one should buy a(n) ______ in order to earn leveraged returns.

a. Interest only CBO (IO)

b. Principal only CBO (PO)

c. Bond interet only CBO (BO)

d. variable rate bond

e. junk bond

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