For a mortgage pass-through security, which of the following risks most likely increases as interest rates decline?

A. Balloon
B. Extension
C. Contraction

Answer: C. Contraction

Business

You might also like to view...

What three experiences should managers foster when applying the self-determination theory to motivate employees?

What will be an ideal response?

Business

Displaying organizational citizenship behavior is too transparent to help most people create a good impression

Indicate whether the statement is true or false.

Business