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Basic Question 2 of 9
In its calculation the expected loss include:
II. loss given default.
III. time value of money.
IV. risk premium.
I. default probability.
II. loss given default.
III. time value of money.
IV. risk premium.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain expected exposure, the loss given default, the probability of default, and the credit valuation adjustment;
CFA® 2025 Level II Curriculum, Volume 4, Module 29.