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Basic Question 6 of 9
Which factor determines the shape of credit curve?
B. loss given default.
C. hazard rate.
A. probability of default.
B. loss given default.
C. hazard rate.
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Martin Rockenfeldt
Learning Outcome Statements
explain the principles underlying and factors that influence the market's pricing of CDS;
CFA® 2025 Level II Curriculum, Volume 4, Module 30.