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Basic Question 0 of 6
For a floating-rate note, ______ is commonly used to measure its credit risk.
B. discount margin
C. exposure yield
A. credit spread
B. discount margin
C. exposure yield
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I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
calculate the value of a bond and its credit spread, given assumptions about the credit risk parameters;
CFA® 2025 Level II Curriculum, Volume 4, Module 29.