How would you describe the typical price behavior of a low premium mortgage pass-through security?
  a)  It is similar to a U.S. Treasury bond.
  b)  It is similar to a plain vanilla corporate bond.
  c)  When interest rates fall, its price increase would exceed that of a
  comparable duration U.S. Treasury.
  d)  When interest rates fall, its price increase would lag that of a
  comparable duration U.S. Treasury.
  答案:D
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