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    Exam 22: The Residential Mortgage Market
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    A Component of the Cash Flow of a Fixed-Income Instrument
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A Component of the Cash Flow of a Fixed-Income Instrument

Question 9

Question 9

Multiple Choice

A component of the cash flow of a fixed-income instrument includes ________.


A) interest.
B) principal repayment (scheduled principal repayment or amortization) .
C) prepayment.
D) All of these

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