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The purpose of a yield maintenance fee is to: Select one: a. Protect the lender against prepayment risk b. Protect the lender against rising interest
The purpose of a yield maintenance fee is to:
Select one:
a.
Protect the lender against prepayment risk
b.
Protect the lender against rising interest rates
c.
Maintain the lenders yield on a loan if issuer credit quality changes
d.
b and c
e.
All of the above
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