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When the Underlying Pool of Debt Obligations Consists of Bond-Type

Question 22

Multiple Choice

When the underlying pool of debt obligations consists of bond-type instruments (corporate and emerging market bonds) , a CDO is referred to as a ________. When the underlying pool of debt obligations is bank loans, a CDO is referred to as a ________.


A) collateralized loan obligation (CLO) ; collateralized bond obligation (CBO)
B) collateralized bond security (CBS) ; collateralized loan obligation (CLO)
C) collateralized bond obligation (CBO) ; collateralized loan security (CLS)
D) collateralized bond obligation (CBO) ; collateralized loan obligation (CLO)

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