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Basic Question 5 of 6
The balloon risk is ______.
B. a type of contraction risk
C. the risk that the loan may extend in maturity
A. accompanied by a fully-amortizing loan
B. a type of contraction risk
C. the risk that the loan may extend in maturity
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe characteristics and risks of commercial mortgage-backed securities
CFA® 2025 Level I Curriculum, Volume 4, Module 19.