GMNA Pass-Through Securities

question 26

Multiple Choice

GMNA pass-through securities:

• A) are issued by the U.S. government.
• B) have higher yields that other comparable MBSs.
• C) have high liquidity
• D) all of the above
• E) none of the above.

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Definitions:

Sales

The activity or process of selling products or services, which involves transactions between buyers and sellers.

Total Assets

The sum of all resources owned by an entity, including both current and fixed assets, representing the total value of what it owns.

Liquidity

The ease with which assets can be converted into cash without significantly affecting their value, often essential for meeting short-term financial obligations.

Leverage

The use of borrowed capital or financial instruments to increase the potential return of an investment, or in business, the use of various techniques to maximize outcomes.