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Basic Question 1 of 6
Which loan is an example of a non-amortizing asset?
B. Auto loan
C. Credit card loan
A. Home equity loan
B. Auto loan
C. Credit card loan
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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 fundamental features of residential mortgage loans that are securitized
CFA® 2024 Level I Curriculum, Volume 4, Module 19.