What Was Developed in the Early 1980s to Offset Some

question 4

Multiple Choice

What was developed in the early 1980s to offset some of the problems with traditional mortgage pass-throughs?

• A) variable rate mortgages.
• B) collateralised mortgage obligations (CMOs)
• C) leveraged buyouts (LBOs)
• D) deep discount bonds (DDBs)
• E) high yield bonds.

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Definitions:

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