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Basic Question 1 of 5

The legal obligation to repay bondholders of securitized bonds often lies with ______.

A. the parent company
B. the holding company
C. a separate legal entity

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain benefits of securitization for issuers, investors, economies, and financial markets

CFA® 2025 Level I Curriculum, Volume 4, Module 17.