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r-ruslan [8.4K]
3 years ago
7

A collateralized debt obligation (CDO) bundles house payments and creates safe, okay, and risky investment vehildes. Group of an

swer choices True False
Business
1 answer:
Rufina [12.5K]3 years ago
8 0

Answer:

The answer is "True".

Explanation:

The CDO is a complicated support materials instrument that is funded and sold to investors with a pool of credit as well as other assets. A CDO is a special type of derivative since its value was generated from another subordinated asset, as this is mentioned in the title. This guaranteed outstanding debt combines repayments from the home and produces safe, all legal, and hazardous financial instruments.

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