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Basic Question 6 of 6
A change in the recovery rate 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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
interpret changes in a credit spread;
CFA® 2025 Level II Curriculum, Volume 4, Module 29.