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[单选题]

The primary motivation for creating a collateralized mortgage obligation (CMO) is best described as the desire to redistribute which risk of investment in residential mortgages?

A.Default risk.

B.Liquidity risk.

C.Prepayment risk.

答案
C、Prepayment risk.
解析:“Overview of Bond Sectors and Instruments,” Frank J. Fabozzi, CFA
2011 Modular Level I, Vol. 5, pp. 406-408
Study Session 15-63-f
State the motivation for creating a collateralized mortgage obligation.
C is correct because the motivation for creating a CMO is to distribute prepayment risk among different classes of bonds.
更多“The primary motivation for creating a collateralized mortgage obligation (CMO) is best described as …”相关的问题

第1题

The primary motivation for creating a collateralized mortgage obligation (CMO) isbest

The primary motivation for creating a collateralized mortgage obligation (CMO) isbest described as the desire to redistribute which risk of investment in residential mortgages:

A. interest rate risk.

B. default risk.

C. prepayment risk.

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第2题

Judging from the context, the phrase "wreaking havoc" (Line 2, Para.2) most prob

Judging from the context, the phrase "wreaking havoc" (Line 2, Para.2) most probably means()

[A] generating motivation

[B] exerting influence

[C] causing damage

[D] creating pressure

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第3题

Which of the following is the primary motivation for using BGP between an Enterprise and its ISPs?()

A. To influence the choice of best path (best route) for at least some routes

B. To avoid having to configure static routes

C. To allow redistribution of BGP routes into the IGP routing protocol

D. To monitor the size of the Internet BGP table

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第4题

______ refers to motivation that is driven by an interest or enjoyment in the task it
self, and exists within the individual rather than relying on any external pressure.

A.Material motivation

B.Spiritual motivation

C.Extrinsic motivation

D.Intrinsic motivation

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第5题

动机(motivation)

动机(motivation)

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第6题

A BBB-rated corporation wishes to issue debt to finance its operations at the lowest
cost possible. If it decides to sell a pool of receivables into a special purpose vehicle (SPV), its primary motivation is most likely to:

A. allow the corporation to retain a first lien on the assets of the SPV.

B. segregate the assets into a bankruptcy-remote entity for bondholders.

C. receive a guaranty from the SPV to improve the corporation’s credit rating.

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第7题

Which motivation is generally the more effective for pilots learning?:()

A、external motivation

B、internal motivation

C、good work performance

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第8题

You are the administrator of a SQL Server 2000 computer. The server contains a database na
med Contracts. The server is configured as shown in the server configuration exhibit.

The database files are configured as shown in the database properties exhibit.

The database developers have been creating new tables and indexes without specifying a filegroup.

The primary filegroup is reaching its maximum capacity.

You want the developers to continue adding new objects, but you do not want then to change the way they create objects. You do not want to run out of disk space. You also want to minimize the time it takes to administer the database.

What should you do?

A.Back up the existing objects on the PRIMARY filegroup. Drop them from the database. Re-create them on the SECONDARY filegroup.

B.Set the file growth on the PRIMARY filegroup to UNLIMITED.

C.Set the PRIMARY filegroup so that it is read-only.

D.Set the SECONDARY filegroup as the default filegroup.

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第9题

激励(Motivation)

激励(Motivation)

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