With respect to the assets underlying a collateralized debt obligation (CDO), the assets:
  A. can either be actively managed or held static.
  B. must be actively managed and cannot be held static.
  C. must be held static for at least a year before they can be actively managed.
  D. cannot be held static for more than a year and must be actively managed.
  Answer:A
  The assets can either be managed or held static.