Mortgage pay-through bonds are a cross between the following two mortgage related securities:

Question 23 options:

1)	pass-throughs and MBBs

2)	MBBs and CMOs

3)	pass-throughs and CMOs

4)	none of the above

In any one period (month) the cash flows from a pool of several hundred mortgages will consist of:

Question 25 options:

1)	scheduled amortization of principle

2)	interest on the remaining principle

3)	prepayments of a portion of the pool

4)	a and b only

5)	a, b, and c