Free SOFE AFE Exam Actual Questions

The questions for AFE were last updated On Jan 17, 2025

Question No. 1

Internal Control is:

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Correct Answer: A

Question No. 2

Dollar rolls differ from regular repurchase agreements due to which of the following characteristics in the securities sold and repurchased.

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Correct Answer: D

Question No. 3

The adjustments of the premium during the period of coverage based on actual experience during that same period are called:

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Correct Answer: D

Question No. 4

The difference between the carrying value of the parent's investment in subsidiary and the amount received is treated as a gain or loss in the:

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Correct Answer: A

Question No. 5

Interest rates are a key element of any option pricing exercise because cash flows are discounted at interest.

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Correct Answer: B