› CFA › CFA Level 1 › CFA Level 1 Question of the Week – Fixed Income Investments Search for:Search Button CFAFRMCAIACareersLounge GeneralLevel 1Level 2Level 3 CFA Level 1 Question of the Week – Fixed Income Investments Add A Reply Login Sign Up This topic has 1 reply, 1 voice, and was last updated Jun-198:38 am by Matt_AnalystPrep. Author Posts Matt_AnalystPrepParticipant CFA Charterholder 07 Jun 2019 at 8:38 am Up1:: The correct answer is C. Support tranches have both more contraction risk and more extension risk than the underlying mortgage-backed security (MBS), and have a higher promised interest rate than the planned amortization class (PAC) tranche. Author Posts Viewing 0 reply threads You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Register Log In