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Credit risk is of two types: systemic credit risk and firm specific credit risk. In this statement: -the whole statement is true -both systemic credit

Credit risk is of two types: systemic credit risk and firm specific credit risk. In this statement:

-the whole statement is true

-both systemic credit risk and firm specific credit risk are untrue.

-systemic credit risk is true only

-firm specific credit risk is true, not systemic credit risk

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