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In a Three-Class Sequential Pay CMO,if We Consider Class B

question 39

Multiple Choice

In a three-class sequential pay CMO,if we consider Class B holders as having average prepayment risk,then Class A holders have ________ prepayment risk and Class C holders have ________ prepayment risk.


Definitions:

Aggregate Demand Curve

A curve that shows the total quantity of all goods and services demanded across all levels of an economy at any given price level.

Real Output

The cumulative worth of all products and services manufactured within an economy, taking into account adjustments for changes in inflation.

Price Levels

A measure of the average prices of goods and services in the economy.

Aggregate Supply Curve

A graphical representation showing the relationship between the total supply of goods and services within an economy at different overall price levels.

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