What is the difference between credit tranching and prepayment tranching?
What will be an ideal response?
Credit tranching refers to redistributing credit risk among bond classes in the structure, while prepayment tranching refers to redistributing prepayment risk among bond classes.
Business
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A channel of distribution is defined as a group of individuals and organizations that
a) consumes about one-half of every dollar spent on products in the United States. b) directs the flow of products from producers to customers. c) links producers to other marketing intermediaries. d) takes title to products and resells them. e) manages transportation and warehousing functions.
Business
In a large organization, WEP rekeying is inexpensive
Indicate whether the statement is true or false.
Business