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: C) guilty of hostile work environment sexual harassment.
Explanation: A hostile work environment is a work environment where one or more persons act in such a way to offend or provoke anger in other persons. The activities of Joy towards Elias is hostile as it is against the will of Elias.
Sexual harassment is a term used to describe any action taken to solicit for sex,sexual behaviour or touch the private parts of others in embarrassing manner. THE ACTIVITIES OF JOY MAKING HER TO SOLICIT SEXUAL BEHAVIOUR FROM ELIAS IS A SEXUAL HARASSMENT AND WHEN PROVEN IN THE COURTS SHE SHALL BE FOUND GUILTY.
Before your first day of work, it is a good idea to : C. Drive to work to see how long it takes
One of the most important thing to do in your first day of work is to display a good first impression, and coming late to your work at the first day will destroy your boss' first impression about you, in order to avoid that, you should check out the amount of time needed to get to work
A corporation may be valued above other forms of business ownership by the fact that large amounts of capital could be raised by selling stock in the corporation.
<h3 /><h3>Advantages of selling stock</h3>
When a company decides to sell its shares on the market, it guarantees the raising of short-term capital that helps in its growth and expansion strategy, since there is an inflow of funds from the market.
Therefore, through the stock market, a company can satisfy its financial needs by attracting additional investors, avoiding debt and sharing the responsibilities of the business.
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Answer: She should pay down both her student loan and the credit card debt
Explanation:
From the question, we are informed that Anastasia makes a good salary but wants to be sure she has good credit so she can buy a condominium when she has saved enough money for a down payment on a mortgage.
The best thing she can do to improve her creditworthiness is for her pay down both her student loan and the credit card debt. This would help her to increase her creditworthiness.
