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Unformatted text preview: credits, it corresponds to an AAA-rating. 3. D. Empirically, the ratio of debt to exports seems to be the most important factor driving sovereign ratings. 4. C 5. b 6. a 7. c 8. c, a,d,b 9. a & c. Both Historical default frequencies approach and conservative option approach are the two approaches to derive EL-based risk weights 10. e 11. a 12. c 13. e 14. a...
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- Spring '10