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Basic Question 1 of 6
The strongest forms of prepayment protection are ______.
II. defeasance
III. prepayment penalty points
IV. yield maintenance charges
I. prepayment lockout
II. defeasance
III. prepayment penalty points
IV. yield maintenance charges
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe characteristics and risks of commercial mortgage-backed securities
CFA® 2025 Level I Curriculum, Volume 4, Module 19.