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Basic Question 9 of 20
Altra X Inc. is unable to make a scheduled coupon payment on the coupon payment date. This is an example of ______.
B. credit spread risk
C. down grade risk
A. default risk
B. credit spread risk
C. down grade risk
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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.