What are (IO) and (PO) strips? Which tends to be more volatile in price? Why?
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What are (IO) and (PO) strips? Which tends to be more volatile in price? Why?
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An IO strip receives only the interest from a pool of mortgages A PO ...View the full answer
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Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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