a. If there is a shortfall in interest paid to the senior tranches of a CDO, how

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a. If there is a shortfall in interest paid to the senior tranches of a CDO, how is the shortfall made up?

b. If coverage tests are failed for a CDO, how is the principal received from the collateral used?

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Bond Markets Analysis And Strategies

ISBN: 9780132743549

8th Edition

Authors: Frank J Fabozzi

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Question Posted: Jul 28, 2024 05:01 AM

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a. If there is a shortfall in interest paid to the senior tranches of a CDO, how

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Bond Markets Analysis And Strategies

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