- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 45. Introduction to Asset-Backed Securities
- Subject 6. Commercial Mortgage-Backed Securities
CFA Practice Question
The strongest forms of prepayment protection are ______.
II. defeasance
III. prepayment penalty points
IV. yield maintenance charges
I. prepayment lockout
II. defeasance
III. prepayment penalty points
IV. yield maintenance charges
Correct Answer: I and II
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