Free CTFA Exam Braindumps (page: 65)

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It is a loan that allows a lender or other party to share in the appreciated value when the home is sold.

  1. Shared appreciation mortgage
  2. Balloon payment mortgage
  3. Adjustable rate mortgage
  4. Marginal rate mortgage

Answer(s): A



It is the mortgage that requires the borrower to pay only interest; typically used to finance the purchase of more expensive properties.

  1. Shared appreciation mortgage
  2. Balloon payment mortgage
  3. Interest-only mortgage
  4. Marginal rate mortgage

Answer(s): C



It is the mortgage that starts with unusually low payments that rise over several years to a fixed payment.

  1. Shared appreciation mortgage
  2. Balloon payment mortgage
  3. Interest-only mortgage
  4. Graduated-payment mortgage

Answer(s): D



If an investment banker has agreed to sell a new issue of securities on a best-efforts basis, the issue:

  1. Most likely involves an unusually large stock offering
  2. Most likely involves bonds instead of common stock
  3. Results in no assumption of underwriting risk by the investment banker
  4. Most likely involves a well-established, large company

Answer(s): C



Page 65 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
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