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In a Three-Class Sequential Pay CMO,if We Consider Class B

Question 39

Multiple Choice

In a three-class sequential pay CMO,if we consider Class B holders as having average prepayment risk,then Class A holders have ________ prepayment risk and Class C holders have ________ prepayment risk.


A) above average; below average
B) below average; below average
C) below average; above average
D) above average; above average

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