CFA Practice Question

There are 490 practice questions for this study session.

CFA Practice Question

Which of the following offers call protection to CMBS?
A. The non-recourse clause of commercial loans
B. The sequential-pay structure available in CMBS transactions
C. Balloon maturity provisions
Explanation: The sequential-pay structure is the call protection offered in CMBS transactions.

User Contributed Comments 0

You need to log in first to add your comment.