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The credit quality of an asset-backed security secured by a heterogeneous pool of 25 long-term commercial mortgages would most likely be assessed using: A)summary statistics
The credit quality of an asset-backed security secured by a heterogeneous pool of 25 long-term commercial mortgages would most likely be assessed using:
A)summary statistics based on the existing book of loans.
B)loan-by-loan analysis.
C)summary statistics at the portfolio level.
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