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Basic Question 5 of 11
Which type of secured bonds is issued to take advantage of the tax benefits of leasing?
B. Equipment trust certificates
C. Mortgage-backed securities
A. Collateral trust bonds
B. Equipment trust certificates
C. Mortgage-backed securities
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe typical credit enhancement structures used in securitizations
CFA® 2025 Level I Curriculum, Volume 4, Module 18.