Multiple Choice
The life span of an SPV (Special Purpose Vehicle) is limited to
A) the life of the sponsoring FI.
B) the duration of its liabilities.
C) the life of the asset-backed security that it created from the loans in its portfolio.
D) the life is unlimited as it can exist beyond its initial purpose.
E) the duration the Federal Reserve determines.
Correct Answer:

Verified
Correct Answer:
Verified
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