2025 CFA Level I Exam: Topic 6. Fixed Income - Learning Module 14. Credit Risk

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	1. Sources of Credit Risk describe credit risk and its components, probability of default and loss given default
	2. Credit Rating Agencies and Credit Ratings describe the uses of ratings from credit rating agencies and their limitations
	3. Factors Impacting Yield Spreads describe macroeconomic, market, and issuer-specific factors that influence the level and volatility of yield spreads

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