The Following Information Is for a Collateralized Mortgage Obligation (CMO)

question 68

Multiple Choice

The following information is for a collateralized mortgage obligation (CMO) . Tranche A has a face value of $110 million and pays 5 percent annually. Tranche B has a face value of $90 million and pays 7 percent annually.
-If at the end of the first year, the CMO trustee receives total cash flows of $15 million, how are they distributed?

• A) $7.5 million to Tranche A and $7.5 million to Tranche B.
• B) $15 million to Tranche A and nothing to Tranche B.
• C) $5.5 million to Tranche A and $9.5 million to Tranche B.
• D) $8.7 million to Tranche A and $6.3 million to Tranche B.
• E) $7.1 million to Tranche A and $7.9 million to Tranche B.

Describe cloud computing, including saving, accessing, and sharing files in the cloud.

Understand operating system features and customization.

Recognize the importance of backup and file recovery tools, including the use of external storage devices.

Identify and adjust settings for hardware devices to improve user experience.

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Definitions:

Autotroph

Organisms that produce their own food from inorganic substances, using light or chemical energy.

Cyanobacteria

Photosynthetic bacteria that are often found in aquatic environments, capable of producing oxygen through the process of photosynthesis.

Aerobic Respiration

The process of producing cellular energy involving oxygen. It's the way most cells generate ATP, with carbon dioxide and water as byproducts.

Ozone Layer

A protective layer in Earth's stratosphere that absorbs most of the Sun's ultraviolet radiation, shielding the planet from harmful UV light.