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Basic Question 3 of 3

Which type of loans is non-amortizing?

A. Traditional residential mortgage loans
B. Automobile loans
C. Credit card receivables

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Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe types and characteristics of non-mortgage asset-backed securities, including the cash flows and risks of each type

CFA® 2024 Level I Curriculum, Volume 4, Module 18.