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Basic Question 0 of 5
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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Learning Outcome Statements
compare top-down, bottom-up, and hybrid approaches for developing inputs to equity valuation models;
compare "growth relative to GDP growth" and "market growth and market share" approaches to forecasting revenue;
CFA® 2025 Level I Curriculum, Volume 2, Module 17.