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AnalystNotes specializes in helping candidates pass. Period.

Basic Question 0 of 5

If an investor believes a reference entity's credit quality will improve, she would:

A. buy protection now.
B. sell protection now.
C. sell protection later.

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

explain the types of heteroskedasticity and how it affects statistical inference;

CFA® 2025 Level II Curriculum, Volume 1, Module 3.