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18. Which of the following statements is true? A. There are no subjective decisions to be made in the assessment of a distribution of portfolio
18. Which of the following statements is true? A. There are no subjective decisions to be made in the assessment of a distribution of portfolio values B. You can use either published or calculated recovery rates when modelling the distribution C. Modelling the distribution of portfolio values due to credit events can be completed in one step D. You use the forward zero curve for the initial credit rating throughout the analysis
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