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Certified Healthcare Financial Professional (CHFP) Questions 151–155 (page: 32)

Updated On: 9-Feb-2026

Demand rate bonds allow the bondholders to resell the bonds through an auction process rather than the put feature of the variable rate debt.

  1. True
  2. False

Answer(s): B



Hedging is:

  1. The art of offsetting high variable rate debt payments with returns from high-rate investments.
  2. The art of setting low variable rate debt payments with returns from low-rate investments.
  3. The art of offsetting high fixed rate debt payments with returns from low-rate investments.
  4. The art of offsetting low fixed rate debt payments with returns from high-rate sales.

Answer(s): A



The interest rate that a hospital borrower exchanges between another party, typically a bank or investment banking firm, with the intent of securing a more favorable rate is called:

  1. Rate of exchange
  2. Favorable rate swaps
  3. Interest rate swaps
  4. Payment swapping

Answer(s): C



An asset with clear value that is pledged against a loan to reduce risk to the lender is known as:

  1. Pledged asset
  2. Collateral
  3. Mortgage
  4. Bank Term loan

Answer(s): B



A legal document that states the conditions and terms of a bond is called.

  1. Indenture
  2. Debenture
  3. Par value document
  4. Bond certifications

Answer(s): A



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