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Basic Question 2 of 2
Which of the following parties takes the credit risk of the underlying security in a credit-linked note?
B. Seller of the credit-linked note
C. Third party
A. Buyer of the credit-linked note
B. Seller of the credit-linked note
C. Third party
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 2.