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Which of the following statement is FALSE? A central counterparty (CCP) performs a similar function to an exchange clearing house. A central counterparty (CCP) absorbs

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Which of the following statement is FALSE? A central counterparty (CCP) performs a similar function to an exchange clearing house. A central counterparty (CCP) absorbs the credit risk but requires initial and variation margin from each side. A central counterparty (CCP) helps market participants value derivative transactions. All of the above statements are TRUE

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