Advantages of issuing an asset-backed security


Response to the following problem:

In a meeting with its investment banker, the treasurer of E-Z Loans Corporation was told that it would be unlikely that there would be a reduction in its funding costs by issuing an asset-backed security rather than a corporate bond. The investment banker, however, felt that there could be other advantages of issuing an asset-backed security. What are those advantages?

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Financial Accounting: Advantages of issuing an asset-backed security
Reference No:- TGS02107878

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