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Basic Question 2 of 20
The risk that an obligator cannot service debt obligations is ______.
B. credit risk
C. downgrade risk
A. default risk
B. credit risk
C. downgrade risk
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.