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

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Luann

5 months ago

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

upvoted 0 times

...

Mirta

5 months ago

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

upvoted 0 times

...

Gerald

6 months ago

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

upvoted 0 times

...

Toi

6 months ago

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

upvoted 0 times

...

Hailey

6 months ago

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

upvoted 0 times

...

Christiane

7 months ago

Did anyone else find that question really tricky?

upvoted 0 times

...

Billy

7 months ago

D) Par cap provision

upvoted 0 times

...

Billy

7 months ago

A) Price-cap provision

upvoted 0 times

...

Cristal

7 months ago

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

upvoted 0 times

...