The sale of a mortgage portfolio by setting up mortgage pass-through securities is an example of
A. credit enhancement.
B. credit swap.
C. unbundling.
D. derivatives.
B. credit swap.
The financial asset is secured by the mortgages backing the instrument.
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When the effective interest method of amortization is used for a bond premium, the amount of premium to be amortized for a period is calculated by subtracting the amount of bond interest expense for the period from the amount of cash to be paid for interest for the same period
Indicate whether the statement is true or false
Which of the following is a major type of vertical marketing system?
A) corporate B) conventional C) multilevel D) intrinsic E) extrinsic
Which of the following is an example of postpurchase communication?
a. An airline hires an actor to film a series of commercials touting the airline's service. b. An insurance company designs a new "umbrella" logo to indicate that its customers are well protected. c. A tax return preparer offers a 20% discount for any customers who use the service in January. d. A hotel sends an email survey to its guests a week after their stay, asking them to comment on the quality of the service they received.
Describe the Safe Drinking Water Act
What will be an ideal response?