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Basic Question 0 of 11
In a CDS, which party bears the credit risk of the reference entity?
B. Protection seller.
C. The third party that issues the debt.
A. Protection buyer.
B. Protection seller.
C. The third party that issues the debt.
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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
describe industry classification methods and compare methods by which companies can be grouped
CFA® 2025 Level I Curriculum, Volume 3, Module 6.