Which of the following is an example of an asset-backed security?

Question

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A)Asset-backed securities are credit derivatives based on auto loans, credit card debts, and other loan assets. A derivative based on auto loans is an asset-backed security.
B)Asset-backed securities are credit derivatives based on auto loans, credit card debts, and other loan assets. A derivative based on auto loans is an asset-backed security.
C)Asset-backed securities are credit derivatives based on auto loans, credit card debts, and other loan assets. A derivative based on auto loans is an asset-backed security.
D)Asset-backed securities are credit derivatives based on auto loans, credit card debts, and other loan assets. A derivative based on auto loans is an asset-backed security.
E)Asset-backed securities are credit derivatives based on auto loans, credit card debts, and other loan assets. A derivative based on auto loans is an asset-backed security.

Which of the Following Is an Example of an Asset-Backed