What happens when an external website links to your page, but you remove that page, resulting in a 404 error?

–What happens when an external website links to your page, but you remove that page, resulting in a 404 error?–

–You still keep credit for that backlink–

–You lose all of the credit for that backlink–

–You lose 15% of the credit for that backlink–

–None of the above–

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