16. Securitization plays a critical role in financial markets in terms of the functions that have historically
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16. Securitization plays a critical role in financial markets in terms of the functions that have historically been provided by financial intermediation. Explain how securitization:
a. provides maturity intermediation.
b. reduces risk through diversification.
c. reduces the costs of transacting and information processing.
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Related Book For
Foundations Of Global Financial Markets And Institutions
ISBN: 9780262039543
5th Edition
Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann
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