Question: When a borrower pledges financial assets a s collateral for a bond, i t i s called a ( n ) Question 1 5 Answer

When a borrower pledges financial assets as collateral for a bond, itis called a(n)
Question 15 Answer
a.
mortgage bond.
b.
equipment trust certificate.
c.
mortgage pass-through security.
d.
collateral trust bond.
e.
collateralized mortgage obligation (CMO).

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