Refm final - Study guides, Class notes & Summaries

REFM FINAL Question and answers rated A+ 2024/2025 REFM FINAL Equity returns are always split at a set percentage regardless of the performance of the investment. - correct answer False Waterfall structures put explicit mechanisms in place to alter the percentages of profit splits on a sliding scale based on the investment's performance. Using a traditional Internal Rate of Return hurdle-based waterfall, the share of profits ____ for the Sponsor at successively higher IRR threshol...

REFM Prerequisite III Question and answers verified to pass 2024/2025 REFM Prerequisite III (what is) amortization - correct answer the repayment schedule for the mortgage loan principal what does principal mean - correct answer the capital amount borrowed another term for interest-only loan - correct answer zero-amortization (bullet) loan how does an interest-only loan work? - correct answer interest is paid on the outstanding principal until the time of the final monthly p...