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Explain using bullet points, you can also use diagrams What is the securitization process of Collateralized Loan Obligations? Briefly explain the step by step process

Explain using bullet points, you can also use diagrams

What is the securitization process of Collateralized Loan Obligations? Briefly explain the step by step process involved in the creation of the securities and the cash flow characteristics of Collateralized Loan Obligations.

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