CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

External credit enhancements for asset-backed securities include (a) ______

I. seller guarantee
II. letter of credit from a bank
III. over-collateralization
A. I and II
B. II and III
C. I, II and III
Explanation: Over-collateralization is a form of internal credit enhancement.

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