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which of the following is the advantage of a CMO (collateralized mortgage obligation) to an investor over a pass-through? Question 1 1 pts Which of

which of the following is the advantage of a CMO (collateralized mortgage obligation) to an investor over a pass-through?image text in transcribed

Question 1 1 pts Which of the following is the advantage of a CMO (collateralized mortgage obligation) to an investor over a pass-through? O A CMO makes interest payment once every six months. O ACMO has a lower credit risk than a pass-through. O None of the answers are correct. Interest rate of a CMO is guaranteed while interest rate of a pass-through is not. O ACMO is not taxable while a pass-through is taxable

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