Referring to Exhibit 7, the tranche of CMO-03 that is most suitable for an investor concerned about
Question:
Referring to Exhibit 7, the tranche of CMO-03 that is most suitable for an investor concerned about contraction risk is:
A. P-A (PAC).
B. P-D (PAC).
C. S (support).
Transcribed Image Text:
EXHIBIT 7 CMO-03: CMO Structure with Sequential PAC Tranches and One Support Tranche Tranche Par Amount (US$ million) Coupon Rate (%) P-A (PAC) P-B (PAC) P-C (PAC) P-D (PAC) S (support) Total 287.6 90.0 60.0 50.0 312.4 800.0 5.5 5.5 5.5 5.5 5.5
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