This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following statements correctly describes the unique feature of GNMA pass-through securities? (Read 107 times)

sbegs

  • Full Member
  • ***
  • Posts: 142
Which one of the following statements correctly describes the unique feature of GNMA pass-through securities?
◦ The interest income on a GNMA is exempt from state and federal tax.
◦ GNMAs consistently have lives of 25-30 years.
◦ GNMAs are backed by the full faith and credit of the issuing state.
◦ GNMAs pay income to holders on a monthly basis.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sbegs on Mar 29, 2022

breounasmoot

  • Full Member
  • ***
  • Posts: 178
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




sbegs

  • Member
  • Posts: 142
Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library