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An investment firm wants to add a new commercial paper issuer to its program for...

An investment firm wants to add a new commercial paper issuer to its program for one of its money market funds. The investment policy states that an analysis to evaluate and assess the probability that the issuer might default needs to be performed on an annual basis. This policy was established to mitigate which risk?

A.

Operational

B.

Credit

C.

Systemic

D.

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