When Banks Re-Securitize Other Asset-Backed Securities,the New Asset-Backed Security Is

question 18

Multiple Choice

When banks re-securitize other asset-backed securities,the new asset-backed security is known as a:

• A)mortgage-backed security.
• B)double-barreled security.
• C)collateralized debt obligation.
• D)re-securitized security.

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Definitions:

Intrinsic Motivators

Internal factors, such as personal satisfaction or enjoyment of a task, that drive behavior.

Extrinsic Rewards

Are tangible rewards given to employees for performing certain tasks or achieving specific goals, such as bonuses, pay raises, and promotions, distinct from intrinsic rewards, which come from within the individual, such as satisfaction or enjoyment in the work itself.

Flexible Working Arrangements

Employment terms that allow flexibility in work hours, location, and patterns to accommodate different needs and lifestyles of employees.

Fluid Intelligence

The capability to solve new problems, use logic in new situations, and identify patterns without relying on pre-existing knowledge.