In a securitization structure, time tranching provides investors with the ability to choose between:

A. extension risk and contraction risk.
B. fully amortizing loans and partially amortizing loans.
C. Senior bond sand subordinate bonds.

Answer: A. extension risk and contraction risk.

Business

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A purchase money mortgage is the commonly referred to as which of the following terms?

A. Seller financing B. Chattel mortgage C. HELOC D. Bank loan

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When two Taco Bell restaurants have a disagreement over who should be able to sell in quantity at a discount to the local high school band, they are in a ________ conflict

A) vertical B) multichannel C) no-win D) horizontal E) functional

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