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    Derivatives and Risk Management Study Set 2
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    Exam 13: Advanced Derivatives and Strategies
  5. Question
    A Security That Is Sub-Divided into Securities Called Tranches Is
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A Security That Is Sub-Divided into Securities Called Tranches Is

Question 45

Question 45

Multiple Choice

A security that is sub-divided into securities called tranches is called a


A) principal-only strip
B) asian lookback option
C) range mortgage strip
D) collateralized mortgage obligation
E) none of the above

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