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When Banks Re-Securitize Other Asset-Backed Securities,the New Asset-Backed Security Is

Question 24

Multiple Choice

When banks re-securitize other asset-backed securities,the new asset-backed security is known as a:


A) mortgage-backed security.
B) double-barreled security.
C) collateralized debt obligation.
D) re-securitized security.

Correct Answer:

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