Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 0 of 11
The initial PAC collar refers to the upper and lower limits of ______.
B. remaining cash flows of support classes
C. prepayment speed of the underlying mortgage pool
D. effective interest rates of the accrual tranche
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
User Contributed Comments 1
| User | Comment |
|---|---|
| danlan2 | Principal payment schedule=C |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe collateralized debt obligations, including their cash flows and risks
CFA® 2025 Level I Curriculum, Volume 4, Module 18.