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    Exam 26: Securitization
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    In Regard to a CMO, Which of the Following Have
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In Regard to a CMO, Which of the Following Have

Question 57

Question 57

Multiple Choice

In regard to a CMO, which of the following have the shortest average life with a minimum of prepayment protection?


A) Class A bonds.
B) Class B bonds.
C) Class C bonds.
D) Class Z bonds.
E) Class R bonds.

Correct Answer:

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