In a mortgage pass-through security, the pass-through rate
A: is adjusted as market rates rise or fall
B: is equal to the mortgage rate on the underlying pool of mortgages
C: adjusts the rate on the underlying pool of mortgages by a servicing fee
A: is adjusted as market rates rise or fall
B: is equal to the mortgage rate on the underlying pool of mortgages
C: adjusts the rate on the underlying pool of mortgages by a servicing fee
举一反三
- In a mortgage pass-through security, the pass-through rate
- If interest rates increase, an investor who owns a mortgage pass-through security is most likely affected by
- If interest rates increase, an investor who owns a mortgage pass-through security is most likely affected by如果利率上升，拥有 a mortgage pass-through security的投资者最有可能受到 A: contraction risk B: extension risk C: credit risk D: 空
- When the interest rate on a bond is below the equilibrium interest rate, there is excess _________ in the bond market and the interest rate will _________ A: demand; rise B: demand; fall C: supply; fall D: supply; rise
- When the interest rate on a bond is above the equilibrium interest rate, in the bond market there is excess ________ and the interest rate will ________. A: demand; rise B: demand; fall C: supply; fall D: supply; rise