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:

Competition

Competition refers to a situation where individuals or groups are striving against each other to achieve a goal or obtain a benefit that is not shared.

Audience-centered Approach

A strategy in communication that tailors the message specifically to the interests, needs, and preferences of the intended audience.

Corporation's Needs

The requirements or demands of a company necessary for its operation, growth, or survival.

Technology Use

The application and implementation of scientific knowledge for practical purposes, especially in industry and everyday life through devices, systems, and methods.