SOFE
AFE · Question #150
What limits the repurchase price to a stipulated percentage of the face amount of the certificate?
The correct answer is D. Par cap provision. See the full explanation below for the reasoning.
Question
What limits the repurchase price to a stipulated percentage of the face amount of the certificate?
Options
- APrice-cap provision
- BInvestment provision
- CLimit provision
- DPar cap provision
How the community answered
(43 responses)- A12% (5)
- B7% (3)
- C5% (2)
- D77% (33)
Community Discussion
No community discussion yet for this question.