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Basic Question 5 of 6
A change in the probability of default will change:
II. LGD
III. POD
IV. Discount factors
V. CVA per year
I. Expected exposure
II. LGD
III. POD
IV. Discount factors
V. CVA per year
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
interpret changes in a credit spread;
CFA® 2025 Level II Curriculum, Volume 4, Module 29.