Question: Question 9 (1 point) In a collateralized mortgage obligation (CMO), Tranche A is paid $5.5 million in interest and Tranche B is paid $6.3 million

Question 9 (1 point) In a collateralized mortgage obligation (CMO), Tranche A is paid $5.5 million in interest and Tranche B is paid $6.3 million in interest. All principal is first paid to Tranche A. If at the end of the first year, the CMO trustee receives additional principal payments of $15 million, how is it distributed? All additional principal goes to Tranche B All additional principal goes to Tranche A

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