Question: 2 3 . What is the benefit most likely obtained by the sponsor of a special purpose entity when the sponsor transfers assets to a

23. What is the benefit most likely obtained by the sponsor of a special purpose entity when the sponsor transfers assets to a special purpose entity?A. Remove the assets off balance sheet.B. Reduce the cost of capital for the sponsoring business.C. Improve financial metrics such as return on assetsD. Improve leverage ratios such as debit to assets.E. All of the above

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