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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 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 credit events and settlement protocols with respect to CDS;
CFA® 2025 Level II Curriculum, Volume 4, Module 30.