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A Mortgage-Backed Security That Has Only a Subordinate Claim to Principal

question 69

Multiple Choice

A mortgage-backed security that has only a subordinate claim to principal payments is referred to as which type of bond?

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Definitions:

Television Game Shows

Competitive entertainment programs broadcast on television where participants play games or answer questions to win prizes.

Contestant

A person who takes part in a competition or challenge.

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Incidents involving motor vehicles that result in property damage, injury, and/or death.

Inches

A unit of measurement equal to 1/12th of a foot, used primarily in the United States and the United Kingdom for measuring length.

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