Which of the following statements related to securitization is correct? A. Time tranching addresses the uncertainty of
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Which of the following statements related to securitization is correct?
A. Time tranching addresses the uncertainty of a decline in interest rates.
B. Securitizations are rarely structured to include both credit tranching and time tranching.
C. Junior and senior bond classes differ in that junior classes can be paid off only at the bond’s set maturity.
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