1. Which of the following statements is most likely correct? Statement 1: Securitization is beneficial for banks because it allows banks to maintain ownership of their securitized assets. Statement 2: Securitization is beneficial for banks because it increases the funds available for banks to lend. A. Statement 1. B. Statement 2. C. Neither of them.… Read More


1. Which of the following statements is the most accurate description of non-sovereign and quasi-government bonds? A. Non-sovereign bonds are issued by agencies that are owned or sponsored by governments. Quasi-government bonds are issued by local government authorities. B. Non-sovereign bonds are issued by companies. Quasi-government bonds are issued by supranational organizations. C. Non-sovereign bonds… Read More


1. Which of the following is least likely a limitation of classifying companies based on statistical similarities? A. Difficulty in identifying securities with returns that are correlated. B. Falsely excluding a significant relationship. C. Falsely indicating a relationship where none exists. 2. Analyst 1: During recessions, consumers are more likely to defer purchases of products… Read More