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Basic Question 2 of 20

The risk that an obligator cannot service debt obligations is ______.

A. default risk
B. credit risk
C. downgrade risk

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

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.