IIA
IIA-CFSA · Question #164
A residential mortgage-related security that is rated investment grade or is the credit quivalent thereof, or a residential ortgage security that is rated investment grade in one of the wo highest…
The correct answer is D. Type IV Securities. See the full explanation below for the reasoning.
Question
A residential mortgage-related security that is rated investment grade or is the credit quivalent thereof, or a residential ortgage security that is rated investment grade in one of the wo highest investment grade rating categories. It usually qualifies as:
Options
- AType II Securities
- BType III Securities
- CType I Securities
- DType IV Securities
How the community answered
(37 responses)- A5% (2)
- B3% (1)
- C16% (6)
- D76% (28)
Community Discussion
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