Bubba want to buy a CMO. In general, how often should he expect to receive interest payments?
A)every week
B)every month
C)every year
D)at maturity

Name: Bubba want to buy a CMO. In general, how often should he expect to receive interest payments? A)every week B)every month C)every year D)at maturity
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Question

Quizplus · Accepted Answer

every month. Collateralized Mortgage Obligations generally pay interest each month. However, some CMOs pay interest quarterly or semiannually.

Bubba Want to Buy a CMO