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Question
Monthly payments to investors in GNMA mortgage-backed bonds include which of the following cash flows?I. mortgage interest
II. fixed principal payment
III. scheduled amortization of mortgage principal
IV. mortgage prepayments
A. II only
B. I and II only
C. I, III, and IV only
D. I, II, and III only
E. I, II, III, and IV
Answer
This answer is hidden. It contains 16 characters.
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