You have a client looking for AAA rated student loan debt. For example, you see 5 student
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Question:
You have a client looking for AAA rated student loan debt.
For example, you see 5 student loan bonds: a AA-rated BC, a A-rated Stanford, a AA-rated Vanderbilt, a A-rated Rice, and a BBB-rated Notre Dame.
How can you make a AAA-structure out of these bonds?What can you do?
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Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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