Multiple Choice
Securitization refers to the creation of new securities by _________.
A) selling individual cash flows of a security or loan
B) repackaging individual cash flows of a security or loan into a new payment pattern
C) taking an illiquid asset and converting it into a marketable security
D) selling financial services overseas as well as in the U.S.
Correct Answer:

Verified
Correct Answer:
Verified
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