7. Explain the following statement: Given that the BOTE model was used to rate the transaction, it...

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7. Explain the following statement: Given that the BOTE model was used to rate the transaction, it should be possible using the capital structure and ratings on each tranche to back out the expected loss, which should be the same expected loss for each tranche.

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Elements Of Structured Finance

ISBN: 9780195179989

1st Edition

Authors: Ann Rutledge, Sylvain Raynes

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