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The information is for the following questions. Eagle Motor is a car manufacture company, and individuals buy cars from Eagle Motor through loan financing. For

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The information is for the following questions. Eagle Motor is a car manufacture company, and individuals buy cars from Eagle Motor through loan financing. For a new car worthy of $40,200, a customer will make a monthly payment of $700 for 60 months to own this car. Eagle Motor sells car loan contracts worthy of $1 million to Eagle M Financing from time to time. Eagle M Financing securitizes the bought loan contracts and sells the ABS to market investors. Assume the bond name is EMF 2020-1, which is traded in $100 face value per unit. The securitization process needs investment banks and law firms' services, with a total service charge at 0.5% of the loan fact value. Assume there are no other fees Market investors pay for bond face value. Question: During a financial crisis, Eagle Motor files for bankruptcy (assume car buying customers keep making loan payments), what happens to investors that hold EMF 2020-1? The information is for the following questions. Eagle Motor is a car manufacture company, and individuals buy cars from Eagle Motor through loan financing. For a new car worthy of $40,200, a customer will make a monthly payment of $700 for 60 months to own this car. Eagle Motor sells car loan contracts worthy of $1 million to Eagle M Financing from time to time. Eagle M Financing securitizes the bought loan contracts and sells the ABS to market investors. Assume the bond name is EMF 2020-1, which is traded in $100 face value per unit. The securitization process needs investment banks and law firms' services, with a total service charge at 0.5% of the loan fact value. Assume there are no other fees Market investors pay for bond face value. Question: During a financial crisis, Eagle Motor files for bankruptcy (assume car buying customers keep making loan payments), what happens to investors that hold EMF 2020-1

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