EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 1, Problem 2PS
Summary Introduction
To think critically about: Possibility of securitization in capital markets that are highly developed.
Introduction:
Securitization: The process of transforming a non liquid asset (asset which cannot be liquidated in terms of finance) into a security is called securitization. Only those assets which are very difficult to be sold are considered for this process. This process involves the financial engineering methods for the transformation.
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