Question

a bank recognizes a gain upon securitizing receivables because multiple choice question. the present value of the securities sold to the investors is calculated at a lower interest rate. the book value of the receivables exceeds the proceeds received from the investors. the present value of the securities sold to the investors is less than the book value of the receivables. it treats the securitization as a collateralized borrowing.

Answer 1

When receivables are packaged into securities and sold to investors, a bank gains because the current value of a securities is estimated at a lower interest rate.

Where can I keep money if I don't have a bank account?

Prepaid cards are one method of money storage. Cash can be placed onto prepaid cards. Most large businesses, corner shops, and gas stations carry one. When you do not have a bank-issued bank card or even a credit card, these cards might be a terrific method to keep cash and conduct online transactions.

Why is it called a bank?

Since Italian merchants inside the Renaissance formed agreements to borrow & lend money next to a bench, the word bank is derived from the Italian word banco, which means bench. They set up the

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