Statement 1: the Yields on the MBS PTCs Are Normally

question 82

Multiple Choice

Statement 1: The Yields on the MBS PTCs are normally higher than the yields on the corporate bonds of similar ratings. Statement 2: The reason for difference in yields on the corporate bonds and similarly rated PTCs is on account of the optionality in the PTC, the unfamiliarity of the structure and uncertainties in respect of legal and structural issues. Which of the above statements is correct?

• A) None of the statements
• B) Both the statements
• C) Only Statement 2 is correct
• D) Only Statement 1 is correct

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Definitions:

Cultural Leadership

The process or ability to guide values, beliefs, and practices that shape the cultural aspects of societies, organizations, or groups.

Ruling Class

The social group possessing the dominant power in a societal hierarchy, often controlling resources and institutions.

False Consciousness

A term used in Marxist theory to describe the way in which material, ideological, and institutional processes in capitalist society mislead the proletariat about their own interests.

Class Consciousness

The awareness of one's place in a social class system, especially in terms of shared interests and political identity among members of the same social class.