• Are bonds in the Z tranche that accrue or accrete interest similar to the plain Z bond. However, the Z PAC repays principal as well. This principal repayment is defined and conditioned by a prepayment schedule or collar.
Multi-Tasking In Your 30s, 40s or 50s: Managing for today and saving for tomorrow, including a child's college expenses and your retirement More...
Let the refining and improving of your own life keep you so busy that you have little time to criticize others. - H. Jackson Brown, Jr.
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