问题如下：
The role that credit risk plays in risk management programs includes assessing the potential default by:
I. debt claimants.
II. counterparties of a swap agreement.
选项： I only.
II only.
C.Both I and II.
D.Neither I nor II.
解释：
C Both statements are true. The two important roles that credit risk plays in risk management programs are (1) assessing the potential of default by debt claimants, and (2) assessing the potential of default by counterparties of derivatives contacts.
debt claimants具体指的什么？
