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Question
Which are true about mortgage backed securities?
I. When interest rates ↑ price drop is > than implied by ∆ rate
II. When interest rates ↑ price drop is < than implied by ∆ rate.
III. When interest rate ↓ price rise is > than implied by ∆ rate
IV. When interest rate ↓ price rise is < than implied by ∆ rate
a) I, III
b) I, IV
c) II, III
d) II, IV
Answer
This answer is hidden. It contains 1 characters.
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