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Basic Question 6 of 6
The support tranche of a CMBS structure is also called a ______.
II. residual tranche
III. equity tranche
I. first-loss piece
II. residual tranche
III. equity tranche
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Learning Outcome Statements
describe characteristics and risks of commercial mortgage-backed securities
CFA® 2025 Level I Curriculum, Volume 4, Module 19.