Please answer fast.  17: reading securitization which one of the among assertions is false:   A: Collateralized mortgage obligation involves SPV B: CDO is a debt instrument where the collateral for the promise to pay is an underlying pool of the debt of obligation and even after the CDOs. C: All the assertions are correct D: When an insurance company seeks to reduce its loan exposure on its balance sheet it uses an arbitrage CDO. E: Mortgage pass-through security is a type of Mortgage-backed security but does involve SPV

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
Problem 81.2C
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17: reading securitization which one of the among assertions is false:

 

A: Collateralized mortgage obligation involves SPV

B: CDO is a debt instrument where the collateral for the promise to pay is an underlying pool of the debt of obligation and even after the CDOs.

C: All the assertions are correct

D: When an insurance company seeks to reduce its loan exposure on its balance sheet it uses an arbitrage CDO.

E: Mortgage pass-through security is a type of Mortgage-backed security but does involve SPV   

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