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SOFE Exam SOFA-CFE Topic 7 Question 94 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 94
Topic #: 7
[All SOFA-CFE Questions]

Insurance companies sometimes issue instruments that have the characteristics of both debt and equity; these instruments are commonly referred to as:

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Suggested Answer: C

Contribute your Thoughts:

Shala
1 days ago
I'm not sure, but I think it could also be C) Long-term bond notes because they can have elements of both debt and equity.
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Tayna
3 days ago
I agree with Daniela, surplus notes make sense for instruments with characteristics of both debt and equity.
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Vicente
4 days ago
I'm pretty sure these are called surplus notes, but I'm not 100% confident. Gotta love these tricky insurance terms, right?
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Daniela
7 days ago
I think the answer is D) surplus notes.
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