Resecuritization was a badly flawed idea. AAA tranches created from the mezzanine tranches of ABSs are bound

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Resecuritization was a badly flawed idea. AAA tranches created from the mezzanine tranches of ABSs are bound to have a higher probability of default than the AAA-rated tranches of ABSs. Discuss this point of view.

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Fundamentals of Futures and Options Markets

ISBN: 978-0132993340

8th edition

Authors: John C. Hull

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Question Posted: Jan 20, 2016 08:51 AM

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Resecuritization was a badly flawed idea. AAA tranches created from the mezzanine tranches of ABSs are bound

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Fundamentals of Futures and Options Markets

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