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Basic Question 1 of 10
What is the primary source of repayment proceeds for securitized bonds?
B. The cash flows generated by underlying financial assets
C. The operating cash flows from the sponsoring parent company
A. The general taxing power of the issuing party
B. The cash flows generated by underlying financial assets
C. The operating cash flows from the sponsoring parent company
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2025 Level I Curriculum, Volume 4, Module 17.