The residual position in the CMO offering is considered which kind of position?

Name: The residual position in the CMO offering is considered which kind of position?
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Quizplus · Accepted Answer

The residual position in a Collateralized Mortgage Obligation (CMO) offering is considered an equity position. This is because it absorbs the remaining interest and principal payments after all other tranches have been paid, bearing the highest risk and potentially offering the highest returns.

The Residual Position in the CMO Offering Is Considered Which