Question: ____________ partition or tranche the cash flow from a pool of mortgage loans or mortgage backed securities into multiple maturity classes, and are helpful in
____________ partition or tranche the cash flow from a pool of mortgage loans or mortgage backed securities into multiple maturity classes, and are helpful in managing duration exposure.
A.Private label residential mortgage backed securities
B.Treasury bonds
C.Collateralized mortgage obligations
D.Collateralized debt obligationsE.Ginnie Mae (GNMA) or Fannie Mae (FNMA) mortgage pass-throughs
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