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An asset-backed security has been credit enhanced with a

Question: An asset-backed security has been credit enhanced with a letter of credit from a bank with a single A credit rating. If this is the only form of credit enhancement, explain whether this issue can be assigned a triple A credit rating at the time of issuance. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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