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Basic Question 2 of 2
Which of the following parties takes the credit risk of the underlying security in a credit-linked note?
B. Seller of the credit-linked note
C. Third party
A. Buyer of the credit-linked note
B. Seller of the credit-linked note
C. Third party
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 2.