The monthly cash flows of a mortgage pass-through security most likely: A. Are constant. B. Change when

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The monthly cash flows of a mortgage pass-through security most likely:

A. Are constant.

B. Change when interest rates decline.

C. Are equal to the cash flows of the underlying pool of mortgages.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 04, 2023 11:10 PM

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The monthly cash flows of a mortgage pass-through security most likely: A. Are constant. B. Change when

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B is correct The monthly cash flows of a mortgage passthrough ...View the full answer

Fixed Income Analysis

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