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Basic Question 1 of 5
The legal obligation to repay bondholders of securitized bonds often lies with ______.
B. the holding company
C. a separate legal entity
A. the parent company
B. the holding company
C. a separate legal entity
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain benefits of securitization for issuers, investors, economies, and financial markets
CFA® 2025 Level I Curriculum, Volume 4, Module 17.