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Question 14 (1 point) Identify the features of a mortgage-backed certificate. i. It is a security backed by mortgages. ii. Investors receive payments out of

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Question 14 (1 point) Identify the features of a mortgage-backed certificate. i. It is a security backed by mortgages. ii. Investors receive payments out of the interest and principal on the underlying mortgages. iii. It is also called a pass-through security. iv. It represents pooled debt obligations repacked as shares. OV, M. IV O 1.1, II, IV OII. IV

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