In a meeting with its investment banker, the treasurer of E-Z Loans Corporation was told that it
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In a meeting with its investment banker, the treasurer of E-Z Loans Corporation was told that it would be unlikely that there would be a reduction in its funding costs by issuing an asset-backed security rather than a corporate bond. The investment banker, however, felt that there could be other advantages of issuing an asset-backed security. What are those advantages?
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Related Book For
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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