Question: A pass-through security is best characterized as Question 6 options: a multiclass mortgage-backed bond. a security with a pro rata claim to the underlying pool
A pass-through security is best characterized as
Question 6 options:
| a multiclass mortgage-backed bond. | |
| a security with a pro rata claim to the underlying pool of assets. | |
| a bond backed by real estate. | |
| a part of a loan assignment. | |
| a part of a loan participation. |
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