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Basic Question 0 of 11
The legal obligation to repay bondholders of securitized bonds often lies with ______.
B. the holding company
C. a separate legal entity
A. the parent company
B. the holding company
C. a separate legal entity
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Learning Outcome Statements
describe the financial reporting treatment and analysis of non-recurring items (including discontinued operations, unusual or infrequent items) and changes in accounting policies
CFA® 2025 Level I Curriculum, Volume 2, Module 2.