麻烦老师帮忙看下这题

问题如下：

An action affecting the cash flow received by a credit card ABS holder during its revolving period is the:

选项：

A.

early repayment of principal by cardholders.

B.

card’s floating-rate cap exceeding the periodic rate.

C.

triggering of an ABS rapid amortization provision.

解释：

Correct Answer: C

Triggering rapid amortization provisions accelerates and alters principal cash flows. Noteholders will receive their investments earlier, which they can then reallocate to other investments offering more attractive risk/return characteristics. A is incorrect because typically during the revolving period, as credit cards are non-amortizing loans, the security holders receive only payments from the finance charges and fees the lender collects. Returned principal is reinvested in the collateral pool. B is incorrect because when floating-rate cap exceeds the rate cardholders must pay, there is no related binding limit on finance payments.