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AFE dumps questions answers


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Accredited Financial Examiner
Last Update: Jul 18, 2024
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Accredited Financial Examiner Questions and Answers

Questions 1

Duration is a measure of the first-order interest rate sensitivity of a financial instrument.






Questions 2

In many states, a claims-made insurance policy is required to:



contain an extended-reporting clause


provide for purchase, at the policyholder’s option


provide for automatic tail coverage


All of the above

Questions 3

These are securities whose underlying assets consist of commercial mortgage loans. The commercial loans are pooled, which brings diversification and liquidity to the asset class.

What are these?



Conventional securities




Subordinated securities