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Basic Question 3 of 5
A CDS will settle:
B. when it is sold again by the buyer.
C. when it matures.
A. when there is a credit event.
B. when it is sold again by the buyer.
C. when it matures.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe credit events and settlement protocols with respect to CDS;
CFA® 2025 Level II Curriculum, Volume 4, Module 30.