CDO's were made from pools of mortgage backed securities.  The CDOs used a) the most senior tranches of the MBS b) senior and mezzanine tranches of the MBS c) all tranches of the MBS   d) mezzanine and some equity tranches of the MBS

1.Which of these is not a tax-advantaged retirement account? Question options:   Thrift Savings Plan   401(k)   Roth IRA   Brokerage Fund 2. You have decided to set aside 15% of your salary towards retirement. You work at a firm where your employer matches your contribution to your 401(k) plan, dollar for dollar, up to 5% of your salary. Which of these statements is correct?   Question 4 options:   If you contribute 6% of your salary, the employer match is equivalent to a 100% return on your contribution.   What your employer contributes should not play into your decision.   It is always a good idea to contribute less than your employer does.   This stuff is stupid.

Intro to Banking Part III Explain the difference between a defined benefit and defined contribution pension plan.  Then examine the City of Chicago’s Police and Firefighters’ Pension Funds.  Explain what type of plan (benefit or contribution) they are and what are the problems they currently face (specifically, what is their funding ratio as of December 2020).  How did they get into the situation they find themselves today?

It is an interest-bearing security that promises to pay a stated amount on the maturity and regular interest payments.