SOFE Exam AFE Topic 3 Question 73 Discussion

Actual exam question for SOFE's AFE exam

Question #: 73
Topic #: 3

[All AFE Questions]

What limits the repurchase price to a stipulated percentage of the face amount of the certificate?

APrice-cap provision

BInvestment provision

CLimit provision

DPar cap provision

Show Suggested Answer

Suggested Answer: D

by Wilda at Apr 21, 2024, 07:13 PM

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Luann

9 months ago

Regardless, the wording of the question threw me off. They should make it clearer.

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Mirta

9 months ago

Hmm, I was considering D) Par cap provision. But your explanation makes sense.

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Gerald

10 months ago

I agree, Price-cap provision limits the repurchase price.

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Toi

10 months ago

I think the correct answer might be A) Price-cap provision. It sounds logical.

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Hailey

11 months ago

You mean the one about the repurchase price? Yeah, it was confusing.

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Christiane

11 months ago

Did anyone else find that question really tricky?

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Billy

11 months ago

D) Par cap provision

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Billy

11 months ago

A) Price-cap provision

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Cristal

11 months ago

What limits the repurchase price to a stipulated percentage of the face amount of the certificate?

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