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FRM Handbook Ch 22: Credit Exposure (Exposure and Risk Modifiers)

Book: Financial Risk Manager Handbook Plus Test Bank
Author: Philippe Jorion
ISBN: 978-0-470-90401-5

Knowing your exposure profile is step one. Step two is cutting it. Chapter 22 part two is a catalog of exposure modifiers the OTC and exchange worlds use every day. None of them eliminate credit risk. Together they can shrink it from scary to manageable.

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