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Author Question: Which of the following is true of mortgage-backed securities? A) Mortgage-backed securities ... (Read 76 times)

elizabeth18

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on: Jul 10, 2018
Which of the following is true of mortgage-backed securities?
 
  A) Mortgage-backed securities assure a flat 15 return.
  B) Mortgage-backed securities are guaranteed by the U.S. government.
  C) Mortgage-backed securities can only be purchased by investment banks.
  D) Mortgage-backed securities represent claims on the cash flows generated by a pool of homeloans.

Question 2

If the projects have five-year lives, the range of the net present value for Project B is approximately ________. (See Table 11.6)
 
  A) 80,563
  B) 201,000
  C) 255,444
  D) 303,263


cegalasso

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

D


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elizabeth18

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Reply #2 on: Jul 10, 2018
Thank you


cegalasso

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Reply #3 on: Jul 10, 2018
No problemo


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