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Which of the Following Is False in Case of Credit

Question 47

Multiple Choice

Which of the following is false in case of credit enhancements?


A) It reduces the default risk of the borrowing entity for the lender, thereby deteriorating the overall credit worthiness of the borrower
B) Credit enhancement could be implicit or explicit
C) Credit enhancement is a mechanism whereby external cash flows is extended by an entity which has a stringer credit profile, so that it benefits the fund raising entity

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