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True or False e) In a mortgage backed security (MBS), the AA tranche receives payments before the AAA tranche f) CDS Credit Default Swaps
True or False
e) In a mortgage backed security (MBS), the AA tranche receives payments before the AAA tranche \
f) CDS Credit Default Swaps are activated after a credit event for the reference entity.
g) You would use a long straddle option strategy if you expected the underlying security to either increase or decrease in value more than a small amount from its existing price.
h) I will love the Geometric Brownian Motion equation above all other equations, forever.
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