A mortgage-backed security has the followi
问题:
A mortgage-backed security has the following characteristics: It was created by pooling a collection of more than a thousand mortgages Not all investors face the same prepayment risk Investors receive three distinct kinds of cash flows Freddie Mac issued the security This security is a(n):()
A. collateralized mortgage obligation.
B. stripped mortgage-security.
C. mortgage passthrough security.