Which commercial mortgage-backed security characteristic causes a CMBS to trade more like a corporate bond than a

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Which commercial mortgage-backed security characteristic causes a CMBS to trade more like a corporate bond than a residential mortgage-backed security?

A. Call protection

B. Internal credit enhancement

C. Debt-service-coverage ratio level

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Fixed Income Analysis

ISBN: 9781119627289

4th Edition

Authors: Barbara S. Petitt

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