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Explain briefly how the following cmos are constructed and

Explain briefly how the following CMOs are constructed and their features:

a. Sequential-pay tranche
b. Sequential-pay tranches with an accrual bond tranche
c. Floating-rate and inverse floating-rate tranches
d. Notional IO tranche
e. PAC and support bonds
f. Sequential-pay PAC

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Risk Management: Explain briefly how the following cmos are constructed and

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