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Question 16 1 pts Which of the following statements regarding mortgage-backed securitiesis generally TRUE? The total value of the MBSs issued usually equals the value
Question 16 1 pts
Which of the following statements regarding mortgage-backed securitiesis generally TRUE?
The total value of the MBSs issued usually equals the value of the mortgages in the underlying pool
Unlike corporate bonds, MBSsare always issued as a discountbond
Overcollateralization of the mortgage pool assures investors that the income from mortgage will be sufficient to pay the interest on bonds and the principal upon maturity
All of the above
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