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Basic Question 9 of 9

The credit valuation adjustment for a corporate bond is calculated to be $2.32. If this bond were default-free its price would be $103.42. What is the fair value of this bond?

A. $101.10
B. $105.74
C. Not enough information

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Your review questions and global ranking system were so helpful.
Lina

Lina

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.