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Compared to Mortgage Pass-Though Securities MPTs), MBBs Should Be Priced

Question 21

Multiple Choice

Compared to mortgage pass-though securities MPTs) , MBBs should be priced to provide:


A) Lower yields, because of lower prepayment risk
B) Higher yields, because of higher prepayment risks
C) The same yields, because of equivalent amounts of prepayment risk
D) None of the above

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