Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 2 of 10
The senior-subordinate structure of a pass-through security is used to redistribute ______.
B. prepayment risk
C. both credit risk and prepayment risk
A. credit risk
B. prepayment risk
C. both credit risk and prepayment risk
User Contributed Comments 0
You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2025 Level I Curriculum, Volume 4, Module 17.