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答案和详解如下:

2Correct answer is C

"Overview of Bond Sectors and Instruments," Frank J. Fabozzi

2008 Modular Level I, Vol. 5, pp. 328-330

Study Session 15-64-i

define an asset-backed security, describe the role of a special purpose vehicle in an asset-backed securities transaction, state the motivation for a corporation to issue an asset-backed security, and describe the types of external credit enhancements for asset-backed securities

The rating of asset-backed securities typically is independent of the issuer or originating firm's credit; the rating depends on the collateral offered and the strength of any external or internal credit enhancements.

 

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