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Which of the following is true about the stripped mortgage backed securities? a. The 10 (Interest only) security receives the principal and PO (Principal only)
Which of the following is true about the stripped mortgage backed securities? a. The 10 (Interest only) security receives the principal and PO (Principal only) receives the interest b. If you expect quick prepayments, you will prefer POs c. If you expect quick prepayments, you will prefer IOs d. None of the above
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