Question: are these true or false? 2. Credit Default Swaps can be used as insurance against default risks. 3. Securitization helps diversify borrower-specific default risk in
are these true or false?
2. Credit Default Swaps can be used as insurance against default risks. 3. Securitization helps diversify borrower-specific default risk in the capital market. 4. Tranches of an ABS re-distribute default risks among investors
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