Which of the following is false?
A) Securitization is the process whereby relatively illiquid financial assets are packaged together and sold off to individual investors.
B) Asset-backed securities result from the process of securitization.
C) Securitization is a form of indirect finance.
D) Securitization originated in the mortgage market in the early 1980s.
Correct Answer:
Verified
Q51: Which of the following is false?
A)Swaps allow
Q52: Which of the following statements is false?
A)Regulation
Q53: Financial innovation is
A)something which seldom occurs.
B)the creation
Q54: Financial innovations have been developed to deal
Q55: The Glass-Steagall Act separated _ banking from
Q57: Fungibility refers to
A)the ease to which one
Q58: Money market mutual funds were developed in
Q59: The benefits and costs of financial innovations
Q60: Which of the following is considered a
Q61: Which of the following is not considered
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