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Basic Question 9 of 9
True or False? Generally, the probability of default is lower initially but is greater over a longer period of time.
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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
explain the principles underlying and factors that influence the market's pricing of CDS;
CFA® 2025 Level II Curriculum, Volume 4, Module 30.