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    A Financial Instrument Backed by a Collection of Mortgages Is
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A Financial Instrument Backed by a Collection of Mortgages Is

Question 183

Question 183

Multiple Choice

A financial instrument backed by a collection of mortgages is called a(n)


A) adjustable-rate mortgage.
B) collateralized debt obligation.
C) credit default swap.
D) collateralized mortgage obligation.

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