单选题
Which of the following statements about creating a collateralized mortgage obligation (CMO) is FALSE? A CMO: A. redistributes the risk between the tranches on an unequal basis. B. redistributes the risk between the tranches on a random basis. C. does not affect the overall risk of prepayment.
【正确答案】
B
【答案解析】Creating a CMO usually redistributes the risk between the tranches on an unequal basis, not on a random basis.