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MC Question 2
Formulae & Tables
FM (F9) Formulae Sheet
You will get this Formula Table at the exam so learn well how to apply it in your FM (F9) Exam
Which of the following statements is/are correct?
1 Securitisation is the conversion of illiquid assets into marketable securities
2 The reverse yield gap refers to equity yields being higher than debt yields
3 Disintermediation arises where borrowers deal directly with lending individuals
A. 2 only
B. 1 and 3 only
C. 2 and 3 only
D. 1, 2 and 3