9. What is a trigger? Discuss the differences in how triggers are crafted for cash flow and...

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9. What is a trigger? Discuss the differences in how triggers are crafted for cash flow and market value CDOs. Why do CDO structures tend to make broader use of triggers, generally, than ABS and RMBS?

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Elements Of Structured Finance

ISBN: 9780195179989

1st Edition

Authors: Ann Rutledge, Sylvain Raynes

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