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Which of the following statements about securitisation is incorrect? a. Securitisation capitalises the future cash flows arising from illiquid assets. b. Securitisation does not have
Which of the following statements about securitisation is incorrect?
a. Securitisation capitalises the future cash flows arising from illiquid assets.
b. Securitisation does not have any inherent problems to make it problematic.
c. Securitisation is an illegitimate business practice for raising finance.
d. Securitisation may also be used to assist in managing risk. All statements above are correct.
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