Contingent actions involve changes to an outstanding contract or agreement based on the occurrence of certain key events. One of the events below may trigger a termination of the outstanding contract   Group of answer choices One of the counter party obtains a loan from an international bank improving of a counterparty’s credit quality The marked-to-market value of an outstanding contract remains below a predetermined amount Credit rating of a counter party is downgraded to Caa1 by Moody’s

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