The bundling of mortgages into a saleable security (usually for large institutional investors) is called ________
A) disintermediation
B) quasi-intermediation
C) futures bundling
D) hedge optioning
E) securitization
E
Business
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If a purchase agreement is signed by only one of the spouses regarding community property which of the following is most accurate regarding the status of the contract.
a. It is illegal. b. It is enforceable. c. It is unenforceable. d. It is void.
Business
The value of a bond is the present value of its interest payments plus ________
A) future value of its par value B) present value of its par value C) its face value D) present value of interest payment
Business