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Question 890 - CTFA discussion

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The securities repurchased have the same stated interest rate as, and maturities similar to, the securities sold and are generally priced to result in substantially the same yield is known as:

A.
Yield-maintenance agreements
Answers
A.
Yield-maintenance agreements
B.
Variable-coupon a agreements
Answers
B.
Variable-coupon a agreements
C.
Fixed-coupon agreement
Answers
C.
Fixed-coupon agreement
D.
None of the above
Answers
D.
None of the above
Suggested answer: C
asked 16/09/2024
Vipul Ishan
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