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eliten55 eliten55
wrote...
Posts: 188
Rep: 2 0
10 years ago
In comparison to mortgage pass-though securities, CMOs attract a broader class of investors because, by prioritizing cash flows, they can offer more specific maturities.
True or False


In CMO terminology, planned amortization classes (PACs) are also known as companion tranches.
True or False


Which of the following is NOT a CMO security type?
(A)   A repeat floater
(B)   A Z tranche
(C)   An inverse floater
(D)   An IO tranche
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Replies
wrote...
10 years ago
Answer:
True

False

(A)   A repeat floater
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