Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 11 of 20
All of these factors are considered in assessing the ability of an issuer to pay except ______.
B. track record
C. regulatory environment
D. special event risk
A. industry trends
B. track record
C. regulatory environment
D. special event risk
User Contributed Comments 6
| User | Comment |
|---|---|
| anricus | Surely the track record of a company in payment of its liabilities in the past is considered? |
| ehc0791 | track record is character, not capacity. |
| Khadria | Right. the question is about CAPACITY . |
| JKiro | "character" ---> "quality" "capacity" ---> "ability" "covenant" -->"presence/abscence of -limitation-" |
| cong | past performance or track records falls under character. |
| erinelize | thanks, JKiro. |
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.