Which of the following is true of mortgage-backed securities?
A) Mortgage-backed securities assure a flat 15% return.
B) Mortgage-backed securities are guaranteed by the U.S. government.
C) Mortgage-backed securities can only be purchased by investment banks.
D) Mortgage-backed securities represent claims on the cash flows generated by a pool of homeloans.
D
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Xerox had a monopoly on photocopiers for several years as the technology underlying the photocopier was protected by strong patents. As it served a universal need, this favorable position led Xerox to pursue a(n):
A. global standardization strategy. B. localization strategy. C. international strategy. D. transnational strategy. E. nationalization strategy.
A ________ model is based on correlations between two or more variables
A. mean and Standard Deviation ?? B. multivariate C. Markov process ? ? D. operational