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which of the following involves the least credit risk? A) OTC trading with a central counterparty B) OTC trading with bilateral clearing and collateral C)

which of the following involves the least credit risk?

A) OTC trading with a central counterparty

B) OTC trading with bilateral clearing and collateral

C) OTC trading with bilateral clearing and no collateral

D) Exchange trading

E) All of the above have equal credit risk

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