Free CHFP Exam Braindumps (page: 40)

Page 40 of 78

A smaller portion of a fixed rate bond issue that matures during the early due dates of the issue, typically during the first ten to fifteen years with their own interest rate are called:

  1. Callable bonds
  2. Early Fixed bonds
  3. Early rate bonds
  4. Serial bonds

Answer(s): D



Which funds typically equivalent to one year of principal and interest payments, are set aside with the trustee to act as a safeguard against default during the life of the loan period?

  1. Interest investment funds
  2. Debt service reserve funds
  3. Loan period payment funds
  4. Debt active funds

Answer(s): B



Tax-exempt bonds have higher interest rates than do taxable bonds because investors in tax-exempt bonds must have to pay taxes on the interest income they receive.

  1. True
  2. False

Answer(s): B



A preliminary study undertaken by an organization and compiled by the third party to determine and document a project's financial viability refers to:

  1. Possibility study
  2. Compatibility study
  3. Feasibility study
  4. Project summary

Answer(s): C



Page 40 of 78



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David commented on September 26, 2024
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