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Basic Question 1 of 20
Credit risk refers to potential loss of ______ stemming from a borrower's failure to meet a contractual obligation.
B. interest
C. both principal and interest
A. principal
B. interest
C. both principal and interest
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe credit risk and its components, probability of default and loss given default
CFA® 2025 Level I Curriculum, Volume 4, Module 14.