A pooled debt instrument known as a sequential pay collateralized mortgage obligation (CMO) amortizes its tranches in accordance with their seniority.
<h3>What is a CMO tranche?</h3>
A pooled debt instrument known as a sequential pay collateralized mortgage obligation (CMO) amortizes its tranches in accordance with their seniority. In a sequential pay CMO, interest is paid on each tranche as long as the original balance is not entirely repaid.
Tranches are segments of a CMO or other debt or instrument that are organized to split risk or classify assets according to attributes. Securities are personalized and marketable to specific investor segments because to this division and portioning.
The specification of the term structure of interest rates and a model for valuing the call risk borne by the various tranches are the two essential components of CMO valuation.
Therefore, the correct answer is option d companion.
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Answer: it can produce that good using fewer resources than its trading partner
Explanation:
A country has an absolute advantage in the production of a good when such country can produce the good using fewer resources than another country.
Absolute advantage can be due to the natural endowment of a country. For example, let's say Japan uses 2 hours in producing a good while Brazil uses 5 hours in producing such good. Then, it can be deduced that Japan has an absolute advantage over Brazil.
Answer: –0.0130
Explanation:
Correlation given the variance and the standard deviation of the two returns can be calculated by;
Correlation coefficient = Covariance of returns on investment A and B / (Standard deviation of return on investment A * Standard deviation of return on investment B).
Rearranging the formula, Covariance becomes;
Covariance of returns on investment A and B = Correlation coefficient * (Standard deviation of return on investment A * Standard deviation of return on investment B)
Covariance of returns on investment A and B = -0.260 * 0.25 * 0.20
Covariance of returns on investment A and B = –0.0130
Answer:
The correct answer is: operations management.
Explanation:
Operations management refers to the management of business practices within a company to achieve the highest possible level of quality, in an attempt to increase profit. There is a wide range of activities that fall under the category of operations activities. Among them, we can identify quality service assurance.
Having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a Cloud-based communication systems.
<h3>What is Cloud-based communication systems?</h3>
Cloud- based communications system can be defined as the way of using internet to communicate or transmit data.
Most companies tend to make use of cloud communication to communicate by making internet phone calls and this is normally done by a hosting service which serves as a third party.
Inconclusion having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a Cloud-based communication systems.
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