- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 19. Mortgage-Backed Security (MBS) Instrument and Market Features
- Subject 5. 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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