A Biologist Discovers an Alga That Is Marine,multicellular,and Can Absorb

question 22

Multiple Choice

A biologist discovers an alga that is marine,multicellular,and can absorb both green and blue light.This alga probably belongs to which group?

• A)red algae
• B)brown algae
• C)green algae
• D)dinoflagellates

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Definitions:

Tranches

Portions or slices of debt or securities that are structured to divide risk or return in a way that is marketable to different investors.

Credit Risk

Credit risk refers to the possibility that a borrower will default on a loan by failing to make the necessary payments.

Seniority

The order of repayment in the event of a sale or bankruptcy, with higher seniority debts being repaid before those of lower seniority.

Mortgage Pass-through Agency

A financial entity that aggregates mortgage loans and creates pass-through securities representing interests in those loans.