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12 12. Which of the following involves the most eredit risk A) Exchange trading B) OTC trading with a central clearing party being used C)

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12. Which of the following involves the most eredit risk A) Exchange trading B) OTC trading with a central clearing party being used C) OTC trading with bilateral clearing and collateral being posted D) OTC trading with bilateral clearing and no collateral being posted E) All of the above have equal credit risk

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