ACI
3I0-012 · Question #332
3I0-012 Question #332: Real Exam Question with Answer & Explanation
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Question
What happens when a coupon is paid on bond collateral during the term of a sell/buy-back?
Options
- ANothing
- BA margin call is triggered on the seller
- CA manufactured payment is made to the seller
- DThe equivalent value plus reinvestment income is deducted from the repurchase price
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