What forms of credit enhancement are being used in both structures?
What will be an ideal response?
As with nonagency mortgage-backed securities, credit enhancement can be either insurance, corporate guarantees, or letters of credit. Internal credit enhancementsinclude reserve funds (cash reserves and excess servicing spread), overcollateralization, and senior/subordinated structures. In both structures above, senior/subordinated structures are being used.
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Which test is not an example of a white box test?
a. determining the fair value of inventory b. ensuring that passwords are valid c. verifying that all pay rates are within a specified range d. reconciling control totals
A company is using ________ when it includes products targeted to specific customers, based on behavior patterns and inventory, in emails to those customers
A) life cycle marketing B) direct-response advertising C) mail ordering D) direct mailing E) dynamic imaging
A margin of safety of 30% means that every dollar in revenue generates thirty cents in profit.
Answer the following statement true (T) or false (F)
Which of the following are the most frequently used methods of communicating standard operating procedures and other instructions to employees?
a. Memos and email messages b. Face-to-face meetings and phone conversations c. Phone conversations and instant messaging d. Reports and letters