- CFA Exams
- 2025 Level I
- Topic 6. Fixed Income
- Learning Module 14. Credit Risk
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Learning Outcome Statements PDF Download
1. Sources of Credit Risk describe credit risk and its components, probability of default and loss given default | |
2. Credit Rating Agencies and Credit Ratings describe the uses of ratings from credit rating agencies and their limitations | |
3. Factors Impacting Yield Spreads describe macroeconomic, market, and issuer-specific factors that influence the level and volatility of yield spreads |

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