Question: What is the difference between an asset backed security and a mortgage backed security? 2. In terms of privatisation, describewhat is a public-private partnership (PPP).

What is the difference between an asset backed security and a mortgage backed security?

2. In terms of privatisation, describewhat is a public-private partnership (PPP). Provide an example of who may be involved in a PPP and what might be the expected benefits from a PPP the various stakeholders.

3. Explain the differences between various recourse and non-recourse lending and outline when each could be used in project finance.

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