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
A: contraction risk
B: extension risk
C: credit risk
D: 空
举一反三
- If interest rates increase, an investor who owns a mortgage pass-through security is most likely affected by A: credit risk B: extension risk C: contraction risk
- If interest rates increase, an investor who owns a mortgage pass-through security is most likely affected by
- In a mortgage pass-through security, the pass-through rate
- 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
- Which of the following describes a subprime mortgage? A: The rate of interest is less than the prime rate of interest B: The loan-to-value ratio is below average C: The life of the mortgage is less than 25 years D: The credit risk is high