Question $3(2$ points$)$

One significant advantage of using Asset$-$Backed Securitization bonds instead of

Private Placement Bonds to finance sport facility construction is:

Banks prefer to issue Asset$-$Back Securitization bonds than Private Placement bonds

Only selected income streams are obligated for repaying Asset$-$Backed Securitization bonds

Asset$-$Backed Securitization bond interest rates are much lower