If there is a shortfall in interest paid to the senior tranches of a CDO, how is the shortfall made up?
What will be an ideal response?
If there is a shortfall in interest paid to the senior tranches, principal proceeds are used to make up the shortfall. However, the principal cash flow is distributed to the senior tranches only after the payment of the fees to the trustees, administrators, and senior managers.
Business
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In prestige pricing, the demand curve is negatively sloped at all price levels
Indicate whether the statement is true or false
Business
While using which of the following type of group decision-making techniques is a group more likely to experience increased groupthink?
A) interacting group B) brainstorming C) video conference D) nominal group technique E) electronic meeting
Business