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
　　您還會(huì)為FRM考試感到煩惱嗎？高頓網(wǎng)校精品題庫(kù)，包含復(fù)習(xí)題，考試題等題型，結(jié)合考試大綱貼近考試考點(diǎn)。堅(jiān)持每天做題練習(xí)，一定可以提升備考效果，為贏取屬于自己的美好明天加油吧！馬上開(kāi)始練習(xí)>>>