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Basic Question 1 of 10
What is the primary source of repayment proceeds for securitized bonds?
B. The cash flows generated by underlying financial assets
C. The operating cash flows from the sponsoring parent company
A. The general taxing power of the issuing party
B. The cash flows generated by underlying financial assets
C. The operating cash flows from the sponsoring parent company
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2024 Level I Curriculum, Volume 4, Module 17.