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Basic Question 0 of 13
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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I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
calculate and interpret the information ratio (ex post and ex ante) and contrast it to the Sharpe ratio;
CFA® 2025 Level II Curriculum, Volume 6, Module 38.