Which One of the Following Is a Mortgage-Backed Security That

question 20

Multiple Choice

Which one of the following is a mortgage-backed security that has first priority for scheduled principal payments?

• A)priority strip bond
• B)principal strip
• C)amortized principal strip
• D)protected amortization class bond
• E)principal priority tranche

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Definitions:

Neuroblast

An immature nerve cell that has the potential to develop into a neuron.

Concussion

A type of traumatic brain injury caused by a blow to the head, which affects brain function.

Syncope

A temporary loss of consciousness usually related to insufficient blood flow to the brain, commonly known as fainting.

Neurosecretions

Biochemical substances produced and released by neurons that influence the activity of other cells or a target organ.