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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2025 Level I Curriculum, Volume 4, Module 17.