What is an appropriate definition for "securitization"?
A) the repackaging of bank assets into readily marketable forms
B) the promise of a secure return on deposits in FDIC banks
C) the simplification of interest-bearing assets into their simplest derivative form
D) the unloading of derivative securities in response to a bank run
E) the reinforcement of an asset's worth through official certification
Correct Answer:
Verified
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