SOFE AFE Exam - Topic 1 Question 10 Discussion

Actual exam question for SOFE's AFE exam

Question #: 10
Topic #: 1

In what, securities involve in repos are not delivered on the settlement date of the agreement and the contract may be extended upon mutual agreement of the buyer-lender and seller-borrower.

AFinancial servicing

BPrice-cap

CRollover

DPurchasing agreements

Show Suggested Answer

Suggested Answer: C

by Tasia at May 04, 2022, 01:32 PM

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Cornell

8 months ago

Purchasing agreements don't fit this scenario at all!

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Johna

8 months ago

Rollover? Sounds too simple for such a complex topic.

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Johnathon

9 months ago

Wait, are we sure it's not financial servicing?

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Jamal

9 months ago

I agree, rollover is the right term here.

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Paulina

9 months ago

It's definitely about rollover agreements.

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Julio

9 months ago

I remember discussing purchasing agreements, but they don't seem to fit this scenario. I lean towards C as well, but I'm not completely confident.

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Alexis

9 months ago

I'm a bit confused. I thought repos always involved immediate delivery. Could it be A, Financial servicing? That sounds familiar.

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Janey

9 months ago

I feel like I've seen a similar question before, and I think the answer might be C, Rollover. It makes sense since it involves extending the agreement.

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Sage

9 months ago

I think this question is about repos, but I'm not entirely sure which term fits best. I remember something about rollover agreements in my studies.

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Desire

9 months ago

Hmm, I'm a bit confused on this one. I know CCMM is involved with contact handling, but I'm not 100% sure if that's the specific component the question is asking about.

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