Collateralized mortgage obligations (CMOs) are I: Backed by pooled mortgage backed securities II: A type of collateralized debt obligation III:

Collateralized mortgage obligations (CMOs) are

I: Backed by pooled mortgage backed securities

II: A type of collateralized debt obligation

III: Given a rating according to tranche by a credit rating agency

A: I only

B: I & II only

C: I & III only

D: II & III only

E: I, 11, & 111