CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

The initial PAC collar refers to the upper and lower limits of ______.

A. PAC tranche maturities
B. remaining cash flows of support classes
C. prepayment speed of the underlying mortgage pool
D. effective interest rates of the accrual tranche
Correct Answer: C

User Contributed Comments 1

User Comment
danlan2 Principal payment schedule=C
You need to log in first to add your comment.