It may not have always worked out very well in practice, but theoretically it is possible to issueAAA rated bonds backed by a pool ofsub-prime mortgages.Briefly describe how you would do this.Be sure to note any other securities that must also be created.

Answer rating: 100% (QA)

Theoretically it is possible to create AAArated bonds backed by subprime mortgages but as history has shown referring to the 2008 financial crisis its ... View the full answer