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Basic Question 2 of 5
Which credit event is considered as a "soft" credit event?
B. Failure to pay.
C. Restructuring.
A. Bankruptcy.
B. Failure to pay.
C. Restructuring.
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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
describe credit events and settlement protocols with respect to CDS;
CFA® 2025 Level II Curriculum, Volume 4, Module 30.