Which of the following describes the waterfall typically used for mortgages pre-crisis?
A: A distribution of cash flows to tranches with priority given to tranche with the highest rating
B: A distribution of cash flows to tranches in proportion to their outstanding principals
C: A distribution of losses to tranches so that tranches bear losses in proportion to their outstanding principals
D: None of the above
A: A distribution of cash flows to tranches with priority given to tranche with the highest rating
B: A distribution of cash flows to tranches in proportion to their outstanding principals
C: A distribution of losses to tranches so that tranches bear losses in proportion to their outstanding principals
D: None of the above
举一反三
- - Which of the following is shown in the statement of cash flows? A: Depreciation B: Cash flows from charitable donations C: Cash flows from profits of the business D: None of the above
- A relative frequency distribution describes the proportion of data values that fall within each category.
- Which of the following is not a purpose of the statement of cash flows?
- 中国大学MOOC: Which of the following cash flows are relevant incremental cash flows for a project that you are currently considering investing in?
- Cash<br/>flows are grouped in the statement of cash flows into the following<br/>major categories( ) A: Cash receipts, cash disbursements, and noncash activities B: Direct cash flows and indirect cash flows C: Operating activities, investing activities, and financing activities D: Operating activities, investing activities, and collecting activities