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Question
Which one of the following is defined as bonds which represent a claim on the cash flows of an underlying pool of mortgages which flow through to bondholders?A. mortgage bonds
B. mortgage certificates
C. mortgage passthroughs
D. collateralized securities
E. mortgage collaterals
Answer
This answer is hidden. It contains 16 characters.
Related questions
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You have a 25-year mortgage at 5 percent interest. The initial loan amount was $250,000. By how much did the principal decrease over the first 10 years of the loan? Payments are made monthly.
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Q:
Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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Q:
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A. advantage; advantage
B. advantage; disadvantage
C. disadvantage; advantage
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E. advantage; neutral event
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Briefly outline and discuss Porter's Five Forces and their use.
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C. 0.30%
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Q:
Assume there are 475 million people in the United States, 175 million of which make up the labor force. If 16 million are unemployed, what is the unemployment rate?
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An analyst gathered the following year-end price level data for an economy. What is the economy's annual inflation rate for 2012?A. 3.22%B. 3.42%C. 3.68%D. 3.87%E. 3.92%
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Assume the inflation rate in 2012 is 2.1 percent. If the nominal GDP grew 3.2 percent and nominal wages grew 2.6 percent, what are the approximate real growth rates of GDP and wages?
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
A Treasury bond has a quoted bid price of 100:10 and a quoted ask price of 100:11. What is the amount you will receive if you sell your bond that has a par value of $20,000?
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C. $20,062.60
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Q:
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B. accept the call; they have no other choice
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D. convert their bonds; the conversion price exceeds the call price by $12.90
E. elect to continue holding their bonds; they want to continue receiving the interest payments
Q:
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C. $1,481.10
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