CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Firm X extends a loan to consumers. It establishes a separate legal entity to raise funds via securitization and calls this entity firm Y. The originator, issuer of ABS and the trust are ______.
A. X, Y and X
B. X, Y and Y
C. Y, X and Y
Explanation: The issuer and the trust are the same entity.

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User Comment
sg2006 Issuer= trust=spv
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