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Basic Question 1 of 6

The strongest forms of prepayment protection are ______.

I. prepayment lockout
II. defeasance
III. prepayment penalty points
IV. yield maintenance charges

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe characteristics and risks of commercial mortgage-backed securities

CFA® 2024 Level I Curriculum, Volume 4, Module 19.