Question
The financial practice of pooling contractual debt such
as residential mortgages or auto loans and selling their related cash flows to third party investors is called?Solution
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs).
Lata can do 1/3rdΒ of a work in 4 days and Asha can do 1/6th of the same work in 3 days. If both work together then how many days...
Komal and Seema individually can complete a task in β3aβ hours and β7aβ hours respectively. If they together can complete (2/3)rd of the work in...
Ajay alone can complete a work in 10 days and Bittu alone can complete the same work in 15 days. Ajay starts the work alone and after three days Bittu j...
βAβ and βBβ alone can do a certain work in 30 days and 40 days, respectively. Both started the work together but after βxβ days βAβ left...
- X and Y can complete a piece of work in 20 days. They worked for 10 days and left. Z completed the rest of the work in 10 days. Find how long Z would take ...
P can complete a job in 30 days. Q alone can complete the same job in 20 days. P works for 18 days and then the remaining job is completed by Q. How man...
βAβ and βBβ can complete a certain work in 16 days and 32 days, respectively. They started working together and worked till completion of the wo...
A, B, and C can individually complete a task in 20 days, 15 days, and 10 days, respectively. B and C begin the task and work together for 3 days, after...
Consider that 'A' and 'B' were collectively paid Rs. 9,000 for a job. Out of this amount, 'B' received Rs. 3,000. If 'B' can finish this task solo in 48...
'A' alone can do some work in 15 days. 'B' is 40% more efficient than 'A'. 'A' worked alone for 8 days and left. How much time (in days) does 'B' need t...