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The CDO, collateralized debt obligation, is a portfolio of debt instruments mortgages re-packaged as an asset-backed security. List the three CDO tranche categories.
The CDO, collateralized debt obligation, is a portfolio of debt instruments — mortgages — re-packaged as an asset-backed security. List the three CDO tranche categories. Explain each of them in detail.
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The three categories of tranches in a Collateralized Debt Obligation CDO are 1 Senior Tranches Aaa 2 ...
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
